The Conundrum Relating To Levy Of Trade Remedial Duties

Trade Remedial Duties, usually in the form of Anti-dumping, Countervailing or Safeguard duty, are imposed by the Ministry of Finance, on the basis of the recommendation of the Designated Authority, DGTR, Ministry of Commerce. These duties are imposed to protect the Indian domestic industries from the ill-effect of imports. While Safeguard duty is a...