Minimum Import Price (MIP) on Iron and Steel By CA Satbir Singh | February 17, 2016 0 Comment (Last Updated On: February 17, 2016) F.No.450/15/2016-CUS-IV17-02-2016 Subject: – Minimum Import Price (MIP) on Iron and Steel under Chapter 72 of ITC (HS), 2012- Schedule-I (Import Policy): amendment in Import Policy Conditions-regarding.