https://www.taxtmi.com/news?id=70450 India granted a quota-based duty concession on US apples under an interim trade pact while protecting domestic growers by imposing a minimum import price of Rs 80 per kg and a 25% import duty, effectively barring US apples priced below Rs 100 per kg; current rules impose a 50% duty and MIP Rs 50 per kg, effectively barring apples below Rs 75 per kg. The pact includes sectoral reciprocal zero tariffs for certain Indian agricultural goods and select industrial parts, with no concessions on dairy, sugar, or millets. en-us Sat, 07 Feb 2026 16:16:03 +0530 Sat, 07 Feb 2026 16:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=70450 India granted a quota-based duty concession on US apples under an interim trade pact while protecting domestic growers by imposing a minimum import price of Rs 80 per kg and a 25% import duty, effectively barring US apples priced below Rs 100 per kg; current rules impose a 50% duty and MIP Rs 50 per kg, effectively barring apples below Rs 75 per kg. The pact includes sectoral reciprocal zero tariffs for certain Indian agricultural goods and select industrial parts, with no concessions on dairy, sugar, or millets. News - Sat, 07 Feb 2026 16:16:03 +0530 https://www.taxtmi.com/news?id=70450