DGFT imposes Countervailing Duty on Welded Stainless-Steel Pipes from China and Vietnam for 5 years [Read Notification]

According to the authority’s findings, the cessation of the countervailing duty would likely lead to the continuation or recurrence of subsidisation, causing injury to India’s domestic industry.
DGFT - DGFT imposes Countervailing Duty - Steel Pipes - Directorate General of Foreign Trade - Taxscan

The Directorate General of Foreign Trade ( DGFT ) has imposed a countervailing duty on imports of Welded Stainless-Steel Pipes and Tubes originating from or exported by China PR and Vietnam. The imposition of this duty is aimed at addressing the issue of subsidisation that has been negatively impacting India’s domestic stainless-steel industry. These subject…

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