Provisional bilateral safeguard measures limit customs duty reductions and temporary tariff increases for originating goods. Provisional bilateral safeguard measures may be applied by the Central Government on the basis of preliminary findings of the Director General in respect of an originating good under the India-Korea Comprehensive Economic Partnership Agreement. The measure may suspend further reduction of customs duty or increase customs duty, subject to a cap linked to the applicable Most Favoured Nation rate. The provisional measure may remain in force for no more than two hundred days from the date of imposition.
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.
Provisional bilateral safeguard measures limit customs duty reductions and temporary tariff increases for originating goods.
Provisional bilateral safeguard measures may be applied by the Central Government on the basis of preliminary findings of the Director General in respect of an originating good under the India-Korea Comprehensive Economic Partnership Agreement. The measure may suspend further reduction of customs duty or increase customs duty, subject to a cap linked to the applicable Most Favoured Nation rate. The provisional measure may remain in force for no more than two hundred days from the date of imposition.
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