Trade words

Countervailing duty

CVD

An extra duty that cancels out a subsidy a foreign government gave the exporter. Older Indian papers also used "CVD" for the additional customs duty that IGST replaced in 2017.

Set by Recommended by DGTR, imposed by the Finance Ministry

हिन्दी में पढ़ें

Lessons that use this word

  1. Lesson 95 min readCustoms duty: BCD, SWS, IGST and AIDCThe duties on an import into India, the order they are worked out in, how exemptions and trade deals lower them, and which part you can claim back.
  2. Lesson 145 min readAnti-dumping, countervailing and safeguard dutiesThe three trade remedy duties, who investigates and who imposes them, and how to tell if one applies to the goods you import.
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Trade Academy is education, not legal, tax or customs advice. Rules and rates change by notification: check the live source, or ask a licensed customs broker, before you act.