Govt imposes 12 pc safeguard duty on certain steel products for 200 days

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....ovt imposes 12 pc safeguard duty on certain steel products for 200 days<BR>PTI News<BR>Dated:- 21-4-2025<BR>PTI<BR>New Delhi, Apr 21 (PTI) India on Monday imposed a 12 per cent provisional safeguard d....

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....uty for 200 days on certain steel products to protect domestic players from surge in cheap imports. The decision follows a recommendation for the same by the commerce ministry's investigation arm DG....

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....TR. Last month, it was suggested to impose the duty. "...the Central Government after considering the said findings of the Director General (Trade Remedies), hereby imposes...a provisional safeguard....

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.... duty at the rate of twelve per cent ad valorem," according to a notification of the department of revenue. It said that the safeguard duty imposed under this notification shall be effective for a p....

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....eriod of two hundred days (unless revoked, superseded or amended earlier) from the date of publication of this notification. PTI RR MR MR<BR> News - Press release - PIB....