Govt imposes safeguard duties on some steel imports

摘要

The Modi government has imposed a safeguard duty on certain hot rolled flat sheets and plates with effect from November 23, 2016 till May 22, 2019. As in the case of hot rolled coils, the safeguard duty would be tapering, with the peak duty being 10%. Subsequently, it would taper to 8% and 6% up to 2019.