No import of milk, its products under TRQ undertaken since 2014-15: DGFT

"No imports of milk and milk products under TRQ have been undertaken since 2014-15," he told reporters here

milk
"In this regard, it may be noted that there are no new TRQs announced by the Government of India," he said.
Press Trust of India New Delhi
2 min read Last Updated : Jul 01 2024 | 9:48 PM IST

India has not provided any tariff rate quota (TRQ) for the import of milk and its products since 2014-15, a senior commerce ministry official said on Monday.

Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said that in the last 20 years, the import of milk and milk products like skimmed milk powder under TRQ have been affected only in three years.

"No imports of milk and milk products under TRQ have been undertaken since 2014-15," he told reporters here.

Post 2011-12, there has been no import of skimmed milk powder imports by utilising the TRQ route.
 

ALSO READ: DGFT, Revenue dept working on dedicated hubs to boost e-commerce exports

The TRQ is a mechanism that allows imports of a set quantity of specific products at a lower customs duty. Tariff quotas are used on a wide range of products but most are in the agriculture sector. Cereals, meat, fruit and vegetables, and dairy products are the most common.

He said that there are no applications for TRQ for these products pending as on date.

Sarangi also rejected a news report stating that the Government of India has granted new duty concessions for the import of corn and vegetable oils under TRQs.

"In this regard, it may be noted that there are no new TRQs announced by the Government of India," he said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :DGFTmilkMilk Products

First Published: Jul 01 2024 | 9:48 PM IST

Next Story