https://www.taxtmi.com/news?id=13244 Impact assessment of FTAs is continuous and begins before negotiations, using internal studies and Joint Study Groups with industry and ministries. FTAs employ protective measures including sensitive/negative lists restricting tariff concessions and allow anti-dumping and safeguards in case of import surges harming domestic industry; joint review mechanisms monitor implementation. To address an inverted duty structure, the Union Budget reduced basic customs duty on certain items as a policy response. en-us Wed, 06 Aug 2014 16:11:35 +0530 Wed, 06 Aug 2014 16:11:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13244 Impact assessment of FTAs is continuous and begins before negotiations, using internal studies and Joint Study Groups with industry and ministries. FTAs employ protective measures including sensitive/negative lists restricting tariff concessions and allow anti-dumping and safeguards in case of import surges harming domestic industry; joint review mechanisms monitor implementation. To address an inverted duty structure, the Union Budget reduced basic customs duty on certain items as a policy response. News - Wed, 06 Aug 2014 16:11:35 +0530 https://www.taxtmi.com/news?id=13244