India

DGFT gold TRQ extension keeps India bullion imports active

DGFT Public Notice 18/2026-27 dated 1 July 2026 automatically extends FY2025–26 India-UAE CEPA gold TRQ authorisations under tariff head 7108 through 30 September 2026 without reapplication.

Aug 17, 20264 min read
Keywords
India bullion imports activeDGFT gold TRQ extensionIndia UAE CEPA tariff head 7108DGFT gold TRQ extension keepsDGFT gold TRQ extension keeps India

What changed

India’s Directorate General of Foreign Trade issued Public Notice 18/2026-27 on 1 July 2026 automatically extending validity of tariff-rate-quota authorisations for gold imports under tariff head 7108 from the India-UAE Comprehensive Economic Partnership Agreement issued in FY2025–26 through 30 September 2026, with no separate amendment or composition fee required.

Fresh FY2026–27 TRQ allocations remain unannounced while FY2025–26 licences were sized near 180 tonnes against applications above 450 tonnes, keeping Dubai bullion desks and India International Bullion Exchange importers on the existing quota clock through September rather than a new concession rate.

Products affected

Primary map: unwrought gold bullion and doré eligible under India-UAE CEPA TRQ tariff head 7108, assaying and refining inputs for Mumbai and Ahmedabad jewellery hubs, and secure logistics packaging for IIBX and nominated importer deliveries before the 30 September 2026 cutoff.

Buyer segments to prioritize

Prioritize nominated gold importers and bullion desks using FY2025–26 TRQ licences before 30 September 2026, plus UAE refiners and Dubai exporters scheduling CEPA-eligible shipments into India under the one-percentage-point duty concession.

Exporter action

Align UAE origin certificates, assay reports, and TRQ licence numbers with Indian customs filings before 30 September 2026; shipments arriving after licence expiry without fresh FY2026–27 allocation face standard 15% duty and TRQ disqualification on CEPA lots. Industry estimate: Dubai-to-Mumbai bullion transit still runs 5–9 days door-to-port.

Source context

Source: Directorate General of Foreign Trade, Public Notice 18/2026-27, extension of India-UAE CEPA gold TRQ authorisations to 30.09.2026, 1 July 2026. https://www.dgft.gov.in/CP/?opt=public-notice Secondary: The Economic Times, TRQ validity extension coverage, July 2026. https://economictimes.indiatimes.com/news/economy/foreign-trade/validity-of-fy26-gold-import-quota-licences-under-india-uae-trade-pact-extended-till-september-30/articleshow/132117558.cms

Key takeaways

  • DGFT Notice 18/2026-27 extends FY2025–26 gold TRQ licences under India-UAE CEPA through 30 September 2026.
  • Outreach: nominated importers and Dubai bullion desks scheduling CEPA-eligible shipments before September cutoff.

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