Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury) Rules, 1995 (From Rule 1 to Annexure 4)
Anti absorption review enables modification of countervailing duty when export prices drop but domestic resale prices do not. Anti-absorption review allows scrutiny where export prices fall post duty without significant change in Indian resale prices, indicating absorption that may render a countervailing duty ineffective. The designated authority may, after review, recommend modification of the duty's form or quantum and reassess subsidy and injury margins and benefits. Initiation applications are normally to be filed by domestic industry or other interested parties within two years of duty imposition, subject to limited exceptions, and are precluded if under twelve months remain before the duty's expiry.
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Anti absorption review enables modification of countervailing duty when export prices drop but domestic resale prices do not.
Anti-absorption review allows scrutiny where export prices fall post duty without significant change in Indian resale prices, indicating absorption that may render a countervailing duty ineffective. The designated authority may, after review, recommend modification of the duty's form or quantum and reassess subsidy and injury margins and benefits. Initiation applications are normally to be filed by domestic industry or other interested parties within two years of duty imposition, subject to limited exceptions, and are precluded if under twelve months remain before the duty's expiry.
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