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of <h1>Indian Customs Tariff Amendment 2020: New Rules on Countervailing Duties, Consultation Process, and Anti-Circumvention Measures.</h1> The Customs Tariff Amendment Rules, 2020, issued by the Indian Ministry of Finance, modify the 1995 rules concerning countervailing duties on subsidized articles. Key changes include defining domestic producers, introducing a consultation process with exporting countries, and setting investigation periods. The amendments also address circumvention practices, allowing for investigations and potential extension of duties if circumvention is detected. Reviews of countervailing duties are mandated to ensure they remain necessary, with a maximum duration of five years unless extended. The rules emphasize transparency and cooperation with foreign governments to resolve disputes amicably.
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