GENERAL14 Sept 2026
India-EU free trade pact: India gets 6.94 lakh tonnes of steel quota annually for exports
India has secured an annual steel export quota of 6.94 lakh tonnes under its free trade pact with the European Union. The country-specific quota totals 1,641,470 tonnes. It splits into 946,616 tonnes under the most-favoured-nation component and 694,853 tonnes under the free trade agreement component. Steel exporters to Europe should check whether their products fall inside this quota before quoting buyers.
Key Statutory Highlights
- India gets an annual steel export quota of 6.94 lakh tonnes under the India-EU free trade pact.
- The total country-specific quota is 1,641,470 tonnes.
- That quota includes 946,616 tonnes under the MFN component and 694,853 tonnes under the FTA component.
Actionable Advice for Taxpayers / Founders:If you ship steel to the European Union, review these quota figures with your customs consultant and confirm your product line is covered before you commit to orders.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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