What do you mean by trade Remedies?
Trade remedies
Trade remedies are trade policy devices that enable governments to take remedial action against imports which are resulting material injury to a domestic industry. The trade remedies are used to correct the competitive imbalances created by unfair trade practices. They can be introduced under specific circumstances, for providing protection from imports beyond the protection granted by the tariff schedules negotiated as part of GATT.
The WTO (World Trade Organization) identifies three main types of import restraints as trade remedies:
- Antidumping measures.
- Countervailing duties.
- Safeguard measures
The object of these duties is to protect against the situation arising out of unfair trade practices i.e to offset the injurious effect of international price discrimination.
Learn Exports Imports Free, Click here
Click here to know GST rate of your goods or service
Causes influencing price of export goods in Export Trade
Credit risks and solutions under International Business
Foreign exchange fluctuations risks and solutions in import export Business
How to overcome the credit risk in an export business?
Does exchange rate of currency effect export business?
Risks and solutions in Export Business
What is the difference between BAF and CAF
What is Tail Gate exam hold in US import clearance
How to make DA mode of payment safe
How to Import to Bolivia?
How to import to India from Bolivia?
How to export from India to Bolivia?
Documents required for Export from Bolivia
Customs procedures for Bolivia Export
Registration required to export from Bolivia
Documents needed for Bolivia import
Import Registration and import Licence procedures in Bolivia
Procedures to obtain GST registration for non-resident taxable person
Is digital signature option available under registration of GST in India?
Advantages of GST registration in India
Who has to obtain GST registration in India?
Does GST registration number of my firm change time to time in India?
Is GST registration required for a public sector undertaking?
Is amendment of GST registration allowed in India?
Cancellation of GST registration in India
Centralized GST registration of services permitted in India?
Term Two Rate Structure under GST
Unique Transaction Reference number (UTR) Means
Term Treatment for Zero Rated Supplies under GST
Transportation of goods without issue of invoice under GST
Meaning of Transitional arrangements for ITC under GST
Transition provisions under GST