Government Can Impose Countervailing Duty on Subsidized Imports Within 3 Months Under Rule 20 of Customs Tariff Rules 1995.
The Central Government can impose a countervailing duty on subsidized imports into India within three months of the final findings by the designated authority, as per Rule 20 of the Customs Tariff Rules, 1995. This duty cannot exceed the subsidy amount determined, and for specified countries, it must not surpass the amount needed to eliminate injury to domestic industry. If a domestic industry is defined under a specific rule, duty is imposed only after exporters are given a chance to stop subsidized exports or provide an undertaking. If the final finding is negative, any provisional duty must be withdrawn within 45 days.
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