https://www.taxtmi.com/news?id=13676 The Appellate Body held that certain US countervailing duty measures on hot rolled carbon steel flat products are inconsistent with the ASCM because US law permits cross cumulation of subsidised and dumped imports; the ruling requires amendment of the domestic provision and permits challenges to investigations applying the same approach. The AB further clarified that a State enterprise qualifies as a public body only when exercising governmental authority, endorsed use of domestic price proxies as benchmarks where relevant, limited arbitrary adverse inferences, and restricted the addition of new subsidies in review proceedings to those closely linked to earlier examined subsidies. en-us Wed, 10 Dec 2014 10:10:12 +0530 Wed, 10 Dec 2014 10:10:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13676 The Appellate Body held that certain US countervailing duty measures on hot rolled carbon steel flat products are inconsistent with the ASCM because US law permits cross cumulation of subsidised and dumped imports; the ruling requires amendment of the domestic provision and permits challenges to investigations applying the same approach. The AB further clarified that a State enterprise qualifies as a public body only when exercising governmental authority, endorsed use of domestic price proxies as benchmarks where relevant, limited arbitrary adverse inferences, and restricted the addition of new subsidies in review proceedings to those closely linked to earlier examined subsidies. News - Wed, 10 Dec 2014 10:10:12 +0530 https://www.taxtmi.com/news?id=13676