Schedule a Call Back
India seeks to justify RoDTEP reimbursements amid US countervailing duties
Industry News- Dec 18,23
This initiative follows the recent imposition by Washington of countervailing or anti-subsidy duties on certain Indian products in response to the RoDTEP scheme implemented for outgoing shipments in January 2021.
A senior government official stated that India aims to persuade the United States (US) that the reimbursements sought under the Remission of Duties and Taxes on Exported Products (RoDTEP) are in accordance with World Trade Organisation (WTO) principles. This initiative follows the recent imposition by Washington of countervailing or anti-subsidy duties on certain Indian products in response to the RoDTEP scheme implemented for outgoing shipments in January 2021. Countervailing duties are levied on imported goods to neutralise embedded subsidies enjoyed by exporters from a specific country.
Source: Business Standard
India
RoDTEP
United States
World Trade Organisation
Remission of Duties and Taxes on Exported Products
RoDTEP
Related Stories
Smart Manufacturing
Frank Notz: Festo sees India very positively and continues to invest in it
In this interview with Rakesh Rao during Hannover Messe 2024, Frank Notz, Member of the Management Board - Sales, Festo SE & Co KG, emphasised on the importance of investing in AI, circular economy,..
Read moreOther Industrial Products
Kinetic marks the opening of the Arun Firodia Research Floor at IIT Bombay
Recently Dr Firodia has developed range of Electric Vehicles to eliminate pollution in the country
Read moreElectrical & Electronics
Tata Passenger Electric Mobility and shell team up for EV charging in India
The two companies are also exploring introducing convenient payment systems and loyalty programs, which will add significant value to TPEM’s customers.
Read moreRelated Products
Heavy Industrial Ovens
INDUSTRIAL SUPPLIES
Hansa Enterprises offers a wide range of heavy industrial ovens.
High Quality Industrial Ovens
INDUSTRIAL SUPPLIES
Hansa Enterprises offers a wide range of high quality industrial ovens. Read more
Hydro Extractor
INDUSTRIAL SUPPLIES
Guruson International offers a wide range of cone hydro extractor. Read more
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
