Trade words

Safeguard duty

A temporary extra duty when a sudden surge of imports seriously harms Indian producers. It usually applies to imports from all countries, with some exceptions.

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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