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Imposition of High Custom Duty on Steel and Aluminium Products

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..... Imposition of High Custom Duty on Steel and Aluminium Products - News and Press Release Dated:- 31-12-2018 - News - The United States has imposed global tariff of 25% and 10% in March, 2018 on certa .....

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..... in steel and aluminium products, respectively, under Section 232 of US Trade Expansion Act of 1962. India took up this issue at World Trade Organisation(WTO) as it considers these additional duties t .....

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..... o be non-compliant with WTO provisions. India has retaliated against the US by imposing additional customs duties on 29 items originating from the US under the provisions of WTO Safeguard .....

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..... Agreement. India has also challenged these measures as inconsistent at the WTO level and asked US to bring these measures to be consistent with WTO provisions. A dispute settlement panel has been esta .....

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..... blished by DSB on 4th December, 2018 to adjudicate in the dispute. This information was given by the Minister of State of Commerce and Industry, C. R. Chaudhary, in a written reply in the Lok Sabha .....

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..... today. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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