https://www.taxtmi.com/news?id=72545 India has not offered duty concessions in the dairy sector under its free trade agreements and has maintained a consistent policy of protecting the domestic dairy market. The foreign trade policy permits foreign firms to import raw materials or ingredients, process them in India and re-export the goods in full, but not sell them domestically. The India-New Zealand trade pact includes an investment arrangement for export-only processing and provides quota-based duty concessions on certain dairy items subject to minimum import price and other safeguards, with phased tariff reduction for specified dairy products. en-us Mon, 27 Apr 2026 20:16:04 +0530 Mon, 27 Apr 2026 20:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72545 India has not offered duty concessions in the dairy sector under its free trade agreements and has maintained a consistent policy of protecting the domestic dairy market. The foreign trade policy permits foreign firms to import raw materials or ingredients, process them in India and re-export the goods in full, but not sell them domestically. The India-New Zealand trade pact includes an investment arrangement for export-only processing and provides quota-based duty concessions on certain dairy items subject to minimum import price and other safeguards, with phased tariff reduction for specified dairy products. News - Mon, 27 Apr 2026 20:16:04 +0530 https://www.taxtmi.com/news?id=72545