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of <h1>India Amends Customs Tariff Rules to Introduce New Shippers Review for Countervailing Duties on Subsidized Articles.</h1> The Government of India has issued Notification No. 51/2024-Customs (N.T.) to amend the Customs Tariff Rules, 1995, specifically addressing countervailing duties on subsidized articles. Effective from July 24, 2024, the amendment introduces a New Shippers Review, allowing the determination of individual subsidy margins for exporters or producers not originally investigated, provided they are unrelated to those already subject to duties. During the review period, countervailing duties will not be levied on these exporters, although provisional assessments and guarantees may be required. Duties may be applied retrospectively if subsidies are determined. Existing duties may extend to previously uninvestigated exporters.
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