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Overview of Duty-Free Market Access and Tariff Rate Quotas

The Scheme provides duty-free market access for 75 items at the H.S. Code 8 digit level. Among these, 26 items fall under quantity-based Tariff Rate Quotas, allowing limited imports at reduced tariffs. Additionally, 49 items are subject to a 25% quantity increase cap, calculated based on the average exports over the last three years. This initiative aims to enhance trade and facilitate easier access for certain goods in international markets.

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Overview of Duty-Free Market Access and Tariff Rate Quotas

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