Safeguard Duty Current Affairs, GK & News

India’s anti-dumping probe against China, Thailand and Vietnam

May 17, 2021

The Ministry of Commerce has recently initiated the anti-dumping investigation against China, Vietnam and Thailand. The investigation is against the import of solar cells from these countries. The investigation has been started by the Ministry following the application submitted by the Indian Solar Manufacturer Association. What is the issue? The solar cells are the basic ..

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Govt. imposes safeguard duty on solar cells for one more year till July 2021

July 30, 2020

The government has imposed the safeguard duty of solar cells for one more year till July 2021 with the aim to protect the domestic manufacturers and discourage cheap imports from countries such as China. The same recommendation has also been given by the Directorate General of Trade Remedies, the investigative arm of the Ministry of ..

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Government imposes 25% safeguard duty on import of solar cells

August 1, 2018

Union Government has imposed safeguard duty of 25% on import of solar cells (whether or not assembled in modules or panels) from China and Malaysia. The move is aimed at helping domestic solar cell manufacturing sector. But it could affect existing projects dependent on cheap imports and hike solar power tariffs in India since around ..

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Union Government imposes safeguard duty on certain steel imports

November 25, 2016

The Union Government has imposed safeguard duty on import of certain steel products to protect domestic manufacturers from cheap in-bound shipments. It was imposed by the Revenue Department on steel products like hot rolled flat sheets and plates of alloy (excluding hot rolled flat products in coil form) or non-alloy steel. Key Facts The effective ..

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