Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury) Amendment Rules, 2021


Quick Summary
The Indian Government has introduced amendments to the Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury) Rules, 1995. These changes, effective from 2nd February 2021, clarify the definition of 'domestic industry' and update the designations responsible for assessing and collecting countervailing duties.

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.11/2021-Customs (N.T.) New Delhi, the 1st February, 2021 G.S.R. . (E).- In exercise of the powers conferred by sub-section (7) of section 9 and subsection (2) of section 9B of the Customs Tariff Act, 1
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FAQ :

These are amendments to the existing Customs Tariff Rules of 1995, concerning the identification, assessment, and collection of countervailing duty on subsidized articles, and the determination of injury.

These rules come into force on the 2nd February 2021.

The term 'domestic industry' may now be interpreted as referring to the rest of the producers.

Yes, the term 'Collector of Customs' has been substituted with 'Principal Commissioner of Customs or Commissioner of Customs, as the case may be'.

 

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