The Directorate General of Foreign Trade (DGFT) has extended the deadline for submitting Tariff Rate Quota (TRQ) applications for the financial year 2026-27 under various Free Trade Agreements (FTAs). The new deadline is 15 March 2026, moved from the original date of 28 February 2026. This extension provides importers with more time to apply for preferential tariff rates on specific goods under agreements with Sri Lanka, Mercosur, and Mauritius. The move aims to facilitate trade and prevent procedural issues before the new financial year begins.
The Directorate General of Foreign Trade (DGFT) has extended the last date for submission of Tariff Rate Quota (TRQ) applications for the financial year 2026-27 under select Free Trade Agreements (FTAs).
As per Public Notice No. 50/2025-26 dated 24 February 2026, issued by the Ministry of Commerce
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FAQ :
The new deadline for submitting Tariff Rate Quota (TRQ) applications for the financial year 2026-27 is 15 March 2026.
This extension applies to TRQ applications under the India-Sri Lanka FTA, the India-Mercosur Trade Agreement, and the India-Mauritius CECPA.
The extension for the India-Sri Lanka FTA covers bakery shortening and margarine, pepper, and desiccated coconut.
The extension aims to provide eligible importers with additional time to submit applications and ensure smoother participation, preventing procedural bottlenecks before the start of FY 2026-27.
TRQs allow imports at concessional or zero duty up to specified quantities under Free Trade Agreements, offering tariff advantages to businesses.