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CONCESSIONAL DUTY QUOTA
India-UK social security pact to benefit 90-95% of Indian pros working in BritainA new social security agreement between India and the UK will benefit nearly all Indian professionals working in Britain. This pact, effect...- India to allow import of 3.78 lakh UK cars at concessional duty in first 15 years of trade pactIndia will allow imports of up to 3.78 lakh conventional-engine passenger cars from the UK at concessional duties under a new trade pact st...
- Gold imports jump 82 pc to USD 5.62 bn in April; silver by 157 pcIndia saw a significant jump in gold imports in April, reaching USD 5.62 billion. This surge was driven by high prices. However, the govern...
- Marginal utilisation of gold quota under UAE trade deal: OfficialIndia's trade with the UAE is growing significantly. Gems and jewellery imports from the UAE have increased. However, this rise is in line ...
- Gold imports under India, UAE FTA quota remain modest: OfficialGold imports under a special trade deal with the UAE have seen low usage. The India-UAE Comprehensive Economic Partnership Agreement offers...
- Gold imports from Dubai may rise after duty hike: GTRIIndia's recent hike in import duties on gold and silver opens the door for enhanced trade relations with Dubai. Thanks to the India-UAE tra...
- Explained | What’s inside India–New Zealand FTA: Tariff cuts, services push, farm safeguards & moreInd NZ FTA Agreement: India and New Zealand signed a significant free trade agreement. This pact opens doors for goods, services, and inves...
- India assures safeguards in place on New Zealand apple importsIndia has granted New Zealand market access for apples under a new trade pact. The agreement includes safeguards to protect local farmers. ...
- India-UK deal shields mass market segment, a boost for luxury carsIndia's new free trade agreement with the UK will slash duties on high-end cars, benefiting luxury brands like Aston Martin and Rolls-Royce...
- India-UK FTA: Auto duty cuts in 10-15 yrs; safeguards in place to protect industryIndia and the UK have finalized a free trade agreement. It aims to double commerce by 2030. The deal lowers tariffs on Indian exports. Brit...
- Govt allows valid quota holders under India-UAE trade pact to import gold through bullion exchangeIn a notification, the Directorate General of Foreign Trade (DGFT) said that those companies can obtain the physical delivery of the consig...
- Special window may allow import of 140 mt gold from UAE at lower dutyOfficials said there is no revenue loss on account of imports under the quota system after changes were made to the eligibility norms that ...
- India extends policy to import refined palm oil at lower dutyIndia extended a policy to import refined palm oil at a lower duty and allowed imports of 51,000 tonnes of cotton at nil duty in 2023, the ...
- PLI, sensitive sectors out of India-UAE pact: Commerce secretary BVR SubrahmanyamTo protect sensitive sectors, India has kept certain segments out of the ambit of this agreement. These include dairy, fruits, vegetables, ...
- India allows additional 3,675 tonnes of sugar export to UK under concessional duty quota"The additional quantity of 3,675.13 tonne of raw/refined sugar to be exported to UK under TRQ up to September 30 this year is notified," D...
- India starts talk with UK, EU on concessional sugar exports post BrexitCurrently, the EU permits India to export 10,000 tonne of sugar at concessional duty rates under the CXL quota.
- India notifies imports of 30K tonne crude soya oil from ParaguayIndia and the bloc are discussing ways to enhance scope of this agreement.
- India to import 5 lakh tonnes of maize to check pricesUnder Tariff Rate Quota Scheme, government allows imports of four products, including maize (corn), at concessional rates of customs duty.
- Cheaper rubber imports likely to last for a monthThe government is planning to do away with a concessional duty on rubber imports under the Tariff Rate Quota scheme from the next financial...
- Vanaspati traders feel the heat from cheap importsThe domestic vanaspati industry is feeling the pinch amid large inflows of cheaper vanaspati from Nepal, Sri Lanka and Bhutan.
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