The Directorate General of Foreign Trade (DGFT) has issued a public notice inviting applications for Tariff Rate Quotas (TRQ) under the India-Oman Comprehensive Economic Partnership Agreement (CEPA) for the financial year 2026-27. This move is part of the ongoing trade facilitation measures between India and Oman.
TRQs allow importers to bring in specific quantities of goods at reduced duty rates. If you're importing goods from Oman, this could mean significant cost savings. However, the specifics of which goods are covered under this TRQ need to be verified. This is particularly relevant for industries that frequently trade with Oman.
1) Open the official notice here
2) Check whether your CTH, documents or policy line is touched
3) Ask Neo's CHA before changing Bill of Entry or Shipping Bill practice