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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.
Under this scheme, exporters are granted transferable duty credits that can be used to pay various duties, including basic customs duty, countervailing duty, and special additional duty. [6] These credits can be utilized for both the payment of customs duties on imported goods and the payment of excise duty on domestic procurements. [7]
Grants in lieu of export duty on jute and jute products. A-274. Prior recommendation of President required to Bills affecting taxation in which States are interested. A-275. Grants from the Union to certain States. A-276. Taxes on professions, trades, callings and employments. A-277. Savings. A-278 - Omitted. A-279 - Calculation of “net ...
63. Rates of stamp duty in respect of documents other than those specified in the provisions of List I with regard to rates of stamp duty. 64. Offences against laws with respect to any of the matters in this list. 65. Jurisdiction and powers of all courts, except the Supreme Court, with respect to any of the matters in this list. 66.
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.
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.
Custom and excise duties in India (11 P) Customs services (9 C, ... Countervailing duties; Court of Exchequer (Scotland) ... Duty (tax) Duty drawback; Duty-free ...