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DGFT invites bids for first round of gold import quota under India-UAE CEPA

The Directorate General of Foreign Trade (DGFT) on Wednesday said it has invited bids for the first round of allocation of gold import quota under the India-UAE trade pact for 2025-26. In October, it was decided that the allocation of TRQ (tariff rate quota) for gold under India-UAE CEPA (comprehensive economic partnership agreement) will be undertaken based on the competitive bidding/tender process.

“Accordingly, the Directorate General of Foreign Trade hereby invites bids/tenders for the first round of allocation of Gold TRQ under tariff head 7108 under India-UAE Comprehensive Economic Partnership Agreement (CEPA) for FY 2025-26,” it said in a public notice.

Under the tariff rate quota, imports of specified goods are allowed at reduced duty up to a certain quantity. The DGFT has laid out a procedure for the first round of allocation of TRQ for gold imports. The total quantity is restricted to 30 tonnes in the current round of allocations.

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