Tariff quota notified for New Zealand fruits, honey
Kiwifruit imports will qualify for zero customs duty under the tariff rate quota (TRQ), subject to a minimum CIF value of $1.80 per kg while 40 tonnes of New Zealand-certified Manuka honey under the quota have been permitted for 2026. The annual limit will increase to 200 tonnes from 2027.
India has granted New Zealand permission to export 35,000 tonnes of apples with a reduced 25% import duty in 2027, under the existing free trade agreement. Meanwhile, kiwifruit imports will enjoy zero customs duty, provided they meet a minimum CIF value of $1.80 per kg. New Zealand-certified Manuka honey will be allowed in a quota of 40 tonnes in 2026, which will rise to 200 tonnes from 2027.
These provisions will commence on October 20, 2026. The tariff rate quota applies to each year individually, and unused quantities will expire upon the expiration of the authorisation.
Written by urgent.news from The Economic Times - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- India-New Zealand FTA: Sheep meat gets zero duty, kiwi fruit at 15% as tariff cuts take effect October 20 livemint.com
- India-New Zealand FTA comes into effect today economictimes.indiatimes.com
