Trade remedial measures are administered by DGTR

15/12/2022 08:22 - 4 Views

DGTR is bestowed with the responsibility of investigating and recommending various WTO compliant trade remedial measures viz. anti-dumping, countervailing, safeguard and quantitative restrictions.


-    Anti-dumping duty is a measure to rectify the situation arising out of the dumping of goods and its trade distortive effect.


-    Countervailing measures seek to counteract artificially low prices that are a result of subsidies or assistance granted by the Government in the exporting country to its local industry. Subsidies can be in form of subsidized loans, tax exemptions, indirect payments, etc., because of which exporters are able to export at lower prices.


-    Safeguard measure is used when imports of a particular product increase unexpectedly to a point that they cause or threaten to cause serious injury to domestic producers of "like or directly competitive products". Safeguards measures give domestic producers a period of grace to become more competitive vis-a-vis imports.

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