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of <h1>Central Government Gains New Powers to Implement Safeguard Measures u/s 8B of Customs Tariff Act 1975.</h1> Section 8B of the Customs Tariff Act 1975 is being replaced to grant the Central Government authority to implement safeguard measures when imports into India significantly increase, potentially harming the domestic industry. These measures can include imposing a Safeguard Duty, applying a Tariff Rate Quota, or any other action deemed appropriate by the Central Government to protect domestic interests.
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