https://www.taxtmi.com/news?id=37861 The DGTR has recommended a provisional Safeguard Duty on specified non-alloy and alloy steel flat products after finding a recent, sudden and significant surge in imports causing or threatening serious injury to domestic producers. Citing critical circumstances, the DGTR proposed immediate provisional measures pending final determination, following a petition from domestic steel manufacturers; the finance ministry will decide on imposition. The proposal has prompted support from steel producers and opposition from user industries and MSME exporters concerned about higher input costs and competitiveness. en-us Wed, 19 Mar 2025 20:16:03 +0530 Wed, 19 Mar 2025 20:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37861 The DGTR has recommended a provisional Safeguard Duty on specified non-alloy and alloy steel flat products after finding a recent, sudden and significant surge in imports causing or threatening serious injury to domestic producers. Citing critical circumstances, the DGTR proposed immediate provisional measures pending final determination, following a petition from domestic steel manufacturers; the finance ministry will decide on imposition. The proposal has prompted support from steel producers and opposition from user industries and MSME exporters concerned about higher input costs and competitiveness. News - Wed, 19 Mar 2025 20:16:03 +0530 https://www.taxtmi.com/news?id=37861