GENERAL17 Sept 2026
India secures 2.8 million tonnes European Union steel quota: Official
India has secured a yearly quota of 1.9 million tonnes of duty-free steel exports to the European Union, plus about 0.9 million tonnes more through leftover quotas. This covers over 80 per cent of last year's roughly 3 million tonnes of shipments. Shipments above the quota face 50 per cent duty. Steel exporters gain, but the EU's carbon charge still applies.
Key Statutory Highlights
- India has received a country-specific tariff-rate quota of 1.9 million tonnes annually for steel exports to the European Union.
- The government expects exporters to secure another 0.9 million tonnes through residual quotas, taking the total to 2.8 million tonnes.
- Duty-free quotas under the EU regulation are set at 18.3 million tonnes, while out-of-quota imports face a 50 per cent duty, and the EU's carbon charge still applies to Indian steel.
Actionable Advice for Taxpayers / Founders:If you export steel to the EU, check your shipment volumes against the available quota and price in the EU's carbon charge before committing to large out-of-quota orders; speak to your advisor for your specific case.
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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