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Parshva Enterprises has received a Tariff Rate Quota (TRQ) Authorisation from the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India. The license allows the company to import gold bars from the United Arab Emirates. The authorisation is valid until 31 March 2026. This is a regulatory permission, not a confirmed order or revenue commitment. The company will now be able to bring gold bars into India from UAE at preferential tariff rates under the TRQ framework.
Positive near-term — the TRQ licence gives Parshva a competitive edge to import gold bars from UAE at lower duties, potentially boosting margins in its gold trading business. However, the short validity (till 31 March 2026) means benefits are limited to the current financial year, and actual impact depends on how the company uses this quota.