Friday, May 18, 2018

Govt. notifies creation of apex National Authority for administering all trade remedial measures

Govt. notifies creation of ‘Directorate General of Trade Remedies’ (DGTR) as the apex National Authority for administering all trade remedial measures including anti-dumping, countervailing duties and safeguard measures; Accordingly, DGTR will bring Directorate General of Anti-dumping and Allied Duties (DGAD), Directorate General of Safeguards (DGS) and Safeguards (QR) functions of DGFT into its fold by merging them into one single national entity; It will also provide trade defence support to domestic industry and exporters in dealing with increasing instances of trade remedy investigations instituted against them by other countries; DGTR has been approved with a sanctioned strength of 112 posts : Ministry of Commerce Press Release 

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Delhi HC holds 10% pre-deposit requirement for penalty-only appeals inapplicable where SCN was issued before amendment

  This Tax Alert summarizes a recent ruling of the Delhi High Court (HC) [1] on whether the newly introduced pre-deposit requirement for fi...