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September 2026
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Foreign TradeRaw-sugar TRQ holders get till 15 October to surrender unused quantity
15 OctExtendedHolders of the tariff rate quota for raw sugar may surrender any unused quantity up to 15 October 2026, on paying 0.5% of the CIF value of what they surrender.
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Foreign TradeRaw sugar: 10 lakh MT duty-free TRQ up to 31 October 2026; surrender of unutilised quota now allowed till 15 October 2026 — DGFT Notification No. 31/2026-27 and Public Notices
Surrender TRQ by 15 Oct 2026ExtendedDGFT allowed import of 10 lakh MT of raw sugar duty-free under a Tariff Rate Quota up to 31 October 2026, with a one-time option to convert Advance Authorisations under SION E-52 to the TRQ. A series of public notices set the modalities; the latest, of 30 September 2026, lets TRQ holders surrender unutilised quantity up to 15 October 2026 on payment of 0.5% of CIF value.
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CustomsTariff values from 1 October 2026: crude palm oil US$ 1,229, gold US$ 1,339 per 10 grams, silver US$ 1,965 per kg — Notification 80/2026-Customs (N.T.)
Tariff values from 1 OctoberRule changeCBIC has substituted the tariff value tables for edible oils, brass scrap, gold, silver and areca nuts under Notification No. 36/2001-Customs (N.T.). The new values apply from 1 October 2026. The areca nut value is unchanged at US$ 11,574 per metric ton.
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CustomsTextile exporters must declare a flame-retardant qualifier in the shipping bill from 1 November 2026
1 November 2026Action neededCircular 42/2026-Customs makes two qualifiers mandatory for listed fabric tariff items of Chapters 52, 55 and 60 — FR001 for flame retardant fabric and FR009 for other fabric — so that FR products can be identified for the PLI Scheme for Textiles.
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Foreign TradeIndia–New Zealand FTA enters into force on 20 October 2026; zero duty on all Indian exports from day one
20 October 2026New facilityEvery tariff line covering India’s exports to New Zealand becomes duty-exempt on entry into force. Dairy, sugar and edible oils stay excluded from India’s concessions.
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Foreign TradeDGFT proposes to rewrite Para 2.93 of the Handbook of Procedures on non-preferential Rules of Origin, for exports and imports: Trade Notice 27/2026-27
Comments within 15 daysComments invitedDGFT has published a draft Public Notice that would replace Para 2.93 of the Handbook of Procedures, 2023 so that it prescribes non-preferential Rules of Origin for both exports and imports. For imports, the draft proposes origin by change in tariff heading or 35% value addition, declared by the importer through a self-declaration. Comments are invited within 15 days.
August 2026
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CustomsRaw sugar imported under Advance Authorisation and moved to TRQ: IGST to be paid on a reassessed Bill of Entry, interest waived
Interest waivedClarifiedCircular 37/2026-Customs lays down how an Advance Authorisation holder pays the earlier-exempted IGST at the port of import after the one-time conversion to the Tariff Rate Quota scheme, so that input tax credit can flow to GSTN.
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Foreign TradeIndia and SACU sign Terms of Reference for a Preferential Trade Agreement
India–SACUThe negotiations with the Southern African Customs Union will cover eight chapters including market access for goods and rules of origin. No tariff changes yet — only a final agreement will do that.
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Foreign TradeTRQ applications: India–UK CETA last date extended to 9 August 2026 (Public Notice 26/2026-27); India–Oman CEPA window for FY 2026-27 was 4–19 August (Public Notice 24/2026-27)
TRQ: UK CETA, Oman CEPAExtendedTwo DGFT public notices on Tariff Rate Quota. Public Notice 26/2026-27 extended the last date for online TRQ applications under the India–UK CETA for CY 2026 up to 9 August 2026. Public Notice 24/2026-27 invited TRQ applications under the India–Oman CEPA for FY 2026-27 from 4 to 19 August 2026 on 30 tariff lines, with product-specific documents for marble and PET flakes.
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