Does India's CCTS count as a qualifying carbon price under the UK CBAM?
Yes, provisionally. HMRC's list of qualifying carbon pricing schemes, based on information as of 19 June 2026, includes India's Carbon Credit Trading Scheme. A UK importer can then claim relief for the carbon price your goods actually bore, backed by a carbon pricing verification form from your plant.
What the listing means
The UK CBAM charge can be reduced by carbon price relief where the embodied emissions were subject to a qualifying scheme. India's CCTS is one of 16 schemes on HMRC's provisional list, alongside the EU ETS, China's national ETS, Japan GX-ETS and Korea ETS.
What the listing does not mean
- It does not cancel the UK CBAM for Indian goods.
- Relief depends on the effective carbon price the goods were actually subject to. Free allowances and rebates do not count.
- The importer must hold a completed carbon pricing verification form from the installation.
- The list is provisional and HMRC says a scheme that stops meeting the criteria drops off.
What your plant would supply
- Total relevant emissions for one of the two calendar years before import.
- How those emissions split across scheme elements, such as certificates surrendered.
- Any compensation or rebates received for those emissions.
- All verified by an accredited verifier independent of your plant, the importer and the Indian scheme administrator.
What Senseible does here
Senseible builds your plant emissions from fuel and power records and keeps your CCTS-related figures with the documents behind them. It does not complete carbon pricing verification forms. We build the figure from your records and check every figure in-house; for the UK it must then be verified by a verifier accredited for UK CBAM. Have your own verifier? Send it to them.
Sources: HMRC, UK CBAM: list of current qualifying carbon pricing schemes (information as of 19 June 2026), HMRC, Check if your goods have been subject to a qualifying carbon pricing scheme
Last reviewed 2026-11-02.