Countervailing duties on subsidised imports may be imposed to offset foreign subsidies harming domestic industry. Section 9 empowers the Central Government to impose a countervailing duty, up to the amount of a foreign subsidy (broadly defined), on imports where such subsidy benefits exported articles. The Government may provisionally impose and later adjust duties, require notifications to Parliament, exempt 100% export oriented units and SEZs unless specified, and will only levy duties where the subsidy relates to export performance, use of domestic goods in export articles, or is conferred on a limited number of persons. Anti circumvention and absorption adjustments, retrospective levies for massive injury, five year duration with review extensions, and application of Customs Act procedures are provided.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Countervailing duties on subsidised imports may be imposed to offset foreign subsidies harming domestic industry.
Section 9 empowers the Central Government to impose a countervailing duty, up to the amount of a foreign subsidy (broadly defined), on imports where such subsidy benefits exported articles. The Government may provisionally impose and later adjust duties, require notifications to Parliament, exempt 100% export oriented units and SEZs unless specified, and will only levy duties where the subsidy relates to export performance, use of domestic goods in export articles, or is conferred on a limited number of persons. Anti circumvention and absorption adjustments, retrospective levies for massive injury, five year duration with review extensions, and application of Customs Act procedures are provided.
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