https://www.taxtmi.com/news?id=68668 The India-EU FTA establishes a quota-based duty concession regime for automobiles: India grants phased, segment-specific tariff reductions within negotiated quotas while maintaining high out-of-quota protection to encourage local manufacturing. Market access is segmented by retail-price tiers (excluding cars under Rs 25 lakh from EU exports), quotas rise over time, and EV quota-based concessions begin in year five with varying initial reductions. en-us Tue, 27 Jan 2026 14:31:03 +0530 Tue, 27 Jan 2026 14:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=68668 The India-EU FTA establishes a quota-based duty concession regime for automobiles: India grants phased, segment-specific tariff reductions within negotiated quotas while maintaining high out-of-quota protection to encourage local manufacturing. Market access is segmented by retail-price tiers (excluding cars under Rs 25 lakh from EU exports), quotas rise over time, and EV quota-based concessions begin in year five with varying initial reductions. News - Tue, 27 Jan 2026 14:31:03 +0530 https://www.taxtmi.com/news?id=68668