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Countervailing duties (CVDs), also known as anti-subsidy duties, are trade import duties imposed under World Trade Organization (WTO). [1] They are applied following an investigation that determines a foreign country's subsidies on exports have harmed domestic producers in the importing country.
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The duty was imposed by the Revenue department following the recommendation by the Directorate General of Anti-Dumping and Allied Duties (DGAD). The levied duty will range between 4.58 per cent and 57.39 per cent of the landed value of cold-rolled flat products of stainless steel. The anti-dumping duty will be in effect until 10 December 2020.
A voluntary export restraint (VER) or voluntary export restriction is a measure by which the government or an industry in the importing country arranges with the government or the competing industry in the exporting country for a restriction on the volume of the latter's exports of one or more products.
DEPB (Duty Entitlement Pass Book ) is an export incentive scheme of Indian Government provided to Exporters in India. [1] Duty Entitlement Pass Book Scheme (DEPB) is an export incentive scheme. The objective of DEPB is to neutralise the incidence of Customs duty on the import content of the export product.
India Malaysia Comprehensive Economic Cooperation Agreement (IMCECA) CECA 8 February 2011 1 July 2011 [7] Mauritius: India Mauritius Comprehensive Economic Cooperation and Partnership Agreement CECPA 22 February 2021 1 April 2021 [7] Thailand: India Thailand Free Trade Agreement FTA 9 October 2003 1 September 2006 [7] Singapore
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