Safeguard Duty in India - M.S. Pothal & Associates

The safeguard duty is imposed on the commodities and goods by the domestic government or authorities to ensure that imports in excessive quantities cause no injury to the domestic industry. Safeguard Duty are imposed for a certain period of time in defense of the domestic industry which is injured or may have a chance of potential threat of injury due to a sudden rise in imports commodities.

In international law, a safeguard duty is a limitation on global exchange or financial improvement to protect industries from increased quantities of commodities in home industries from foreign competition. In the World Trade Organization, a member may take a safeguard action, such as restricting imports of commodities for a certain period of time to protect a domestic industry from an increase in the quantity of imports into the country may cause damage and loss to the domestic industry and production. Safeguard Duty in India is imposed intending to protect indigenous people's hard work and creativity so that it does not go a waste.

M.S. Pothal & Associates is a consortium of experienced lawyers and chartered accountants who are in the field of offering legal assistance to its clients. The firm has a core personnel who are equipped with vast knowledge in offering legal advice and assistance of Anti-dumping Safeguard duty, Allied duty and WTO-related trade disputes. Often the import and exports department faces government intervention and market regulation globally, our sole motive is to assist overcome any kind of hurdles in the commercial industry.