The Ministry of Finance, Department of Revenue, has issued a notification extending the countervailing duty. This duty, originally imposed under notification No. 4/2021-Customs (CVD) dated 24th September 2021, will now remain in effect up to and including 23rd March 2027. This extension is made in accordance with relevant sections of the Customs Tariff Act, 1975.
MINISTRY OF FINANCE(Department of Revenue)NOTIFICATIONNew Delhi, the 10th June, 2026No. 3/2026-Customs (CVD)
G.S.R. 460(E). In exercise of the powers conferred by sub-sections (1) and (6) of section 9 of the Customs Tariff Act,1975 (51 of 1975), read with rules 20 and 24 of the Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury) Rules, 1995, the Central Government hereby makes the following amendment in the not
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FAQ :
This notification amends a previous one to extend the duration of a countervailing duty.
The countervailing duty has been extended up to and inclusive of the 23rd March 2027.
The original notification was No. 4/2021-Customs (CVD), dated 24th September 2021.
The extension is made in exercise of powers conferred by sub-sections (1) and (6) of section 9 of the Customs Tariff Act, 1975, read with specific rules.
Source : https://egazette.gov.in/(S(2ib0xwmoksiiiogle1ykutkp))/ViewPDF.aspx