Consider the following statements regarding Tariff Rate Quotas (TRQs) and their administration under Free Trade Agreements in India:

Statements

1. Under a Tariff Rate Quota mechanism, imports within the quota ceiling attract a concessional duty rate, while imports exceeding the quota are either prohibited or attract the standard Most Favoured Nation duty rate.
2. The Directorate General of Foreign Trade (DGFT) administers import quota allocations under India's Free Trade Agreements by virtue of its powers under the Foreign Trade (Development and Regulation) Act.
3. Under India's rules-of-origin requirements in Free Trade Agreements, any importer — regardless of whether they are authorised by the product's manufacturer — may claim TRQ concessions, provided the goods genuinely originate in the partner country.