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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 first category includes methods to directly import restrictions for protection of certain sectors of national industries: licensing and allocation of import quotas, antidumping and countervailing duties, import deposits, so-called voluntary export restraints, countervailing duties, the system of minimum import prices, etc.
On 8 March 2017, the government of India imposed anti-dumping duty ranging from US$6.30 to US$351.72 per tonne on imports of jute and its products from Bangladesh and Nepal. [30] Later the government of India withdrew the anti-dumping duty in case of Nepal. On 26 October 2017, India imposed anti-dumping duty on stainless steel from US, EU and ...
Custom and excise duties in India (11 P) Customs services (9 C, ... Countervailing duties; Court of Exchequer (Scotland) ... Duty (tax) Duty drawback; Duty-free ...
The Customs & Central Excise department was established in the year 1855 by the then British Governor General of India, to administer customs laws in India and collection of import duties/land revenue. It is one of the oldest government departments in India.
Final Countervailing Duty Determination with respect to certain Softwood Lumber from Canada: Canada 264: United States: Final Dumping Determination on Softwood Lumber from Canada: Canada 267: United States: Subsidies on Upland Cotton: Brazil 312: South Korea: Anti-Dumping Duties on Imports of Certain Paper from Indonesia: Indonesia 344: United ...
51. Duties of excise on the following goods manufactured or produced in the State and countervailing duties at the same or lower rates on similar goods manufactured or produced elsewhere in India - Insert paragraph (a) alcoholic liquors for human consumption (b) opium, Indian hemp and other narcotic drugs and narcotics Insert paragraph