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The imposition of trade remedial measures in India is a two-step process – the investigation conducted by the Directorate General of Trade Remedies (‘DGTR’) under the Ministry of Commerce and the final imposition of measures by the Department of Revenue under the Ministry of Finance (‘MoF’). This division of powers is clearly laid out in the Customs Tariff Act (‘CT Act’).
Audio Source: An article published on the LKS website in March 2023.
Authors: Devinder Bagia, Partner, and Aayush Rastogi, Senior Associate LKS.
The imposition of trade remedial measures in India is a two-step process – the investigation conducted by the Directorate General of Trade Remedies (‘DGTR’) under the Ministry of Commerce and the final imposition of measures by the Department of Revenue under the Ministry of Finance (‘MoF’). This division of powers is clearly laid out in the Customs Tariff Act (‘CT Act’).
Audio Source: An article published on the LKS website in March 2023.
Authors: Devinder Bagia, Partner, and Aayush Rastogi, Senior Associate LKS.