Wednesday, July 22, 2026
News

Govt invites applications for car imports under India-UK trade agreement

SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | July 21, 2026 12:26:30 PM IST
The government has invited applications for importing passenger vehicles and certain goods transport vehicles from the United Kingdom under the tariff rate quota (TRQ) mechanism provided in the India-UK Comprehensive Economic and Trade Agreement (CETA), opening a two-week window for eligible importers.

According to a gazette notification issued by the Directorate General of Foreign Trade (DGFT), applications for allocation of the quota for calendar year 2026 will be accepted from July 21 to August 4, 2026.

The notification said, "the Directorate General of Foreign Trade (DGFT) hereby invites applications for Tariff Rate Quota (TRQ) allocation under the India-UK CETA for the CY 2026 on the following products from 21.07.2026 up to 04.08.2026."

The first phase of the quota covers 9,316 vehicles, with concessional customs duties available under the trade agreement.

Of the total allocation, 2,329 units have been earmarked for passenger vehicles with engine capacity of up to 1,500 cc. Another 2,329 units have been allocated for mid-segment vehicles, while 4,658 units have been reserved for higher engine-capacity or premium passenger vehicles, which will attract a concessional customs duty of 30 per cent under the agreement.

A separate quota has also been provided for certain completely built goods transport vehicles.Under the India-UK CETA, India has agreed to allow the import of 20,000 UK-built vehicles at preferential duty rates in the first year of the agreement, with the current allocation constituting the first phase.

To be eligible, applicants must submit a pre-purchase agreement issued by the concerned UK-based OEM specifying the number of vehicles to be supplied during the relevant TRQ year.

The DGFT said imports under the quota will be governed by the operational procedures prescribed under the Foreign Trade Policy, 2023. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
India healthcare sector registers strong...
Telangana Govt Recognizes CSSH as an Off...
Dream Ladder Consultancy takes its full ...
India's installed solar capacity rises 5...
RBI proposes simpler FDI compliance regi...
Generic Drug imports by US to face 100% ...
More...
 
INDIA WORLD ASIA
'Only scrapping NEET will provide a last...
AAP MP Sanjay Singh seeks RS discussion ...
'Ministers should come to the People's C...
'India's youth has awakened': Telangana ...
Fire breaks out in Karol Bagh building h...
SC notice to Lok Sabha Speaker on plea a...
More...    
 
 Top Stories
Iran retains significant missile ca... 
Govt disabled 50 OTT platforms in t... 
Amnesty, rights organisations warn ... 
Entri Crosses 2,000 Engineering Pla... 
Green India challenge to launch 9th... 
Maiden Forgings Commences Operation... 
Root rises, Rohit gains, Duckett en... 
"Govt is always playing games": Pri...