Trq scheme and India fta list 2026
In the competitive landscape of international trade, high customs duties often act as the biggest barrier to profitability. For Indian importers, two powerful government mechanisms exist to legally slash these costs: Tariff Rate Quotas (TRQ) and Free Trade Agreements (FTAs).
TRQ is a quota-based system that allows you to import specific "sensitive" commodities—such as Gold, Corn, or Polymers—at a significantly lower duty rate, up to a fixed quantity limit. Once the quota is full, higher standard duties apply, making timely application crucial.