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    Home»Economy & Business»Global Economy»UK trade deal: Applications invited for car import quota
    Global Economy

    UK trade deal: Applications invited for car import quota

    AdminBy AdminJuly 20, 2026No Comments1 Min Read0 Views
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    New Delhi: India on Monday invited the first round of applications for the allocation of 2026 import quotas for fully-built passenger cars and goods vehicles under the duty concession provisions of the India-UK Comprehensive Economic and Trade Agreement (CETA), which came into effect from July 15.

    New Delhi has allowed the import of a total of 0.378 million units of conventional-engine passenger cars, including those in the mass segment, from the UK at a concessional customs duty during the first 15 years of the implementation of the trade pact between the two countries. Under the pact, tariffs on automotive imports will fall to 10% from about 110% with quotas.

    “New applications for TRQ under India-United Kingdom CETA for CY 2026 are invited from July 21, 2026 up to August 04, 2026,” the Directorate General of Foreign Trade (DGFT) said in a notification.

    Only original equipment manufacturers (OEMs), dealers and channel partners duly authorised by the OEMs of vehicles originating in the UK will be eligible to apply for the Tariff Rate Quota (TRQ).



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