GS-III: Economy, Environment, S&T
Anti-dumping duty
Not met yet — counts as met once you answer a question on it.
Trade-remedy instruments applied under the Customs Tariff Act, 1975 and the WTO Anti-Dumping Agreement counter below-cost exports (dumping) or foreign-government subsidies (countervailable subsidies) that injure domestic industry. The Directorate General of Trade Remedies (DGTR) investigates whether non-market practices — cheap loans, tax breaks, below-cost land/electricity — create structural excess capacity, depress global prices, and undercut Indian producers, triggering ADD or CVD. Findings carry implications for investment and employment. Safeguard duties, by contrast, respond to import surges without requiring proof of unfair pricing.