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DGFT to allocate TRQ items under India-Nepal Treaty

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DGFT to allocate TRQ items under India-Nepal Treaty
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23 Jun 2023 9:18 AM IST

New Delhi: The commerce ministry's arm DGFT has been authorised to allocate and monitor imports of 10,000 tonne of copper products and 2,500 tonne of zinc oxide from Nepal under a concessional customs duty provision of a treaty between the countries, according to a public notice. The directorate general of foreign trade (DGFT) will be the designated authority for allocation and monitoring of all TRQ (tariff rate quota) items under the revised India-Nepal Treaty. Under TRQ, a specified quantity of an item is allowed for export or import at concessional customs duties. Beyond that quantity, the product attracts normal duties.

DGFT TRQ India-Nepal Treaty 
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