https://www.taxtmi.com/acts?id=1220 Section 9 empowers the Central Government to impose a countervailing duty, up to the amount of a foreign subsidy (broadly defined), on imports where such subsidy benefits exported articles. The Government may provisionally impose and later adjust duties, require notifications to Parliament, exempt 100% export oriented units and SEZs unless specified, and will only levy duties where the subsidy relates to export performance, use of domestic goods in export articles, or is conferred on a limited number of persons. Anti circumvention and absorption adjustments, retrospective levies for massive injury, five year duration with review extensions, and application of Customs Act procedures are provided. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 12 Feb 2026 13:18:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=1220 Section 9 empowers the Central Government to impose a countervailing duty, up to the amount of a foreign subsidy (broadly defined), on imports where such subsidy benefits exported articles. The Government may provisionally impose and later adjust duties, require notifications to Parliament, exempt 100% export oriented units and SEZs unless specified, and will only levy duties where the subsidy relates to export performance, use of domestic goods in export articles, or is conferred on a limited number of persons. Anti circumvention and absorption adjustments, retrospective levies for massive injury, five year duration with review extensions, and application of Customs Act procedures are provided. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=1220