The Union Finance Ministry has imposed 18.95% countervailing duty (CVD) on certain Chinese flat steel products for period of five years to protect domestic players from cheap subsidised imports. The decision to impose CVD was taken by finance ministry based on the recommendation of Directorate General of Anti-Dumping and Allied Duties (DGAD).This isĀ  first case of imposition of CVD on any steel product in India.

Leave a Reply


Share:
Free E-mail Job Alerts
Enter your email address:
Don't Forget To "Activate" Subscription Link Sent to Your Email