https://www.taxtmi.com/acts?id=30834 On the Director General's recommendation, the Central Government may amend Customs notifications to suspend tariff reductions or increase customs duty for originating goods to prevent or remedy serious injury, capped by the lesser MFN applied rate at the time of the measure and the MFN rate before the Trade Agreement. Bilateral safeguards cannot coexist with domestic safeguard action under the Customs Tariff Act; existing bilateral measures must be terminated before domestic action, provisional measures must be withdrawn within thirty days if final findings do not recommend measures, and duties revert to the would-be rate upon termination. en-us Wed, 09 Aug 2017 13:23:07 +0530 Wed, 09 Aug 2017 13:23:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30834 On the Director General's recommendation, the Central Government may amend Customs notifications to suspend tariff reductions or increase customs duty for originating goods to prevent or remedy serious injury, capped by the lesser MFN applied rate at the time of the measure and the MFN rate before the Trade Agreement. Bilateral safeguards cannot coexist with domestic safeguard action under the Customs Tariff Act; existing bilateral measures must be terminated before domestic action, provisional measures must be withdrawn within thirty days if final findings do not recommend measures, and duties revert to the would-be rate upon termination. Act-Rules Customs Wed, 09 Aug 2017 13:23:07 +0530 https://www.taxtmi.com/acts?id=30834