India’s customs duty forgone due to FTAs could cross ₹1 trillion in FY27, with Asean accounting for the largest share, Budget documents show
 "The recently concluded trade deals included European Free Trade Association (EFTA), United Kingdom, Oman, New Zealand, European Union and an interim trade deal with the US")
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The recently concluded trade deals included European Free Trade Association (EFTA), United Kingdom, Oman, New Zealand, European Union and an interim trade deal with the US
Asit Ranjan Mishra New Delhi
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India’s customs duty forgone on account of preferential tariff reductions under free-trade agreements (FTAs) signed so far may cross ₹1 trillion in 2026-27 (FY27), according to the Budget documents.
