Central Government imposes Bilateral Safeguard Duty on Korean Ferro Molybdenum Imports w.e.f. 10th October 2023 to Protect Domestic Industry [Read Notification]

By Navasree A.M - On October 10, 2023 5:11 pm - 2 mins read
Central Government - Bilateral Safeguard Duty - Korean Ferro Molybdenum Imports- Protect Domestic Industry-TAXSCAN

On October 9, 2023, the Ministry of Finance, through Notification No. G.S.R.727 (E), announced the imposition of bilateral safeguard duties on imports of Korean Ferro Molybdenum. The primary objective behind this move is to safeguard and bolster the domestic industry. This safeguard duty will take effect from October 10, 2023. The decision stems from an…

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