Review mechanisms under Safeguard Measure

16/12/2022 11:19 - 3 Views

The Authority shall, from time to time, review the need for continued imposition of the safeguard duty and shall, if it is satisfied on the basis of information received, that –


(a)    such safeguard duty is necessary to prevent or remedy serious injury and there is sufficient evidence that the industry is adjusting positively, it may recommend to the Central Government for the continued imposition of that duty;


(b)    there is no justification for the continued imposition of such safeguard duty, recommend to the Central Government for its withdrawal.


Any measure of more than three year's duration must be reviewed not later than mid-term of such imposition and if appropriate, recommend for withdrawal of such safeguard duty or for the increase of liberalization of duty.


The Authority shall, from time to time, review the need for continued imposition of the safeguard quantitative restrictions and shall, if it is satisfied on the basis of information received that –


(a)    safeguard quantitative restrictions is necessary to prevent or remedy serious injury and there is evidence that the industry is adjusting positively, it may recommend to the Central Government for the continued imposition of quantitative restrictions;


(b)    there is no justification for the continued imposition of such restriction, recommend to the Central Government for its withdrawal.


Any measure of more than three year's duration must be reviewed not later than the mid- term of such imposition and if appropriate, recommend for withdrawal of such safeguard quantitative restrictions or for the increase of the liberalisation of quantitative restrictions

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