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Frequently Asked Question
Under EU standard GSP (currently applicable to India), Indian garments attract approximately 9.6-12% import duty (depending on HS code), with GSP preference reducing this by approximately 20% — to approximately 7.6-9.6%. Under India-EU FTA (when concluded), garments are expected to go to 0% over a phased schedule (likely 5-10 years). Currently, Vietnamese garments enter EU at gradually reducing rates under EVFTA — creating a competitive advantage that India-EU FTA aims to equalise.
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