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
Electrical & Electronics
Calcom Vision Reports Record Q3 and 9M FY26 Revenue, Strong YoY Growth
Calcom Vision Limited posts highest-ever 9MFY26 revenue at Rs 150.3 crore, with robust growth across lighting and EMS segments.
Read moreAuto & Auto Components
Mahindra Expands Advanced R&D and Testing Facilities at Chennai MRV
Mahindra & Mahindra invests Rs 1,960 million to expand its Advanced R&D and testing facilities at Mahindra Research Valley, creating 2,000 new jobs and reinforcing Chennai as an innovation hub.
Read moreElectrical & Electronics
MIC Electronics Secures Rs 44.5 million Eastern Railway Orders
MIC Electronics Limited has received Rs 44.5 million LoAs from Eastern Railway, Howrah Division, for advanced Passenger Information and Communication Systems projects.
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
