NEW DELHI : The Trade Defence Wing (TDW) operations under the Department of Commerce (DOC) has brought relief to the Indian exporters.
It has resulted in the reduction of anti-subsidy duty imposed on Indian exporters from 11.67 per cent to 2.82 per cent, as per the release from the Ministry of Commerce & Industry.
Due to the active intervention of the TDW, European Commission has lowered the imposition of duties by 0.45 per cent. Furthermore, minimal duty rates have been imposed on the exports from India in recent Counter Vailing Duty (CVD) investigations/ reviews.
The TDW was established in the year 2016, and has been the nodal point for extending support and defending the interests of Indian exporters in investigations undertaken by other countries against India. It has been constantly striving to ensure that minimal or no trade remedial measure is applied on Indian goods by other countries.
TDW operations have recently gained momentum. The sustained efforts of the TDW are reflected in the fact that in majority of the preliminary and final findings issued during April 2021 – December 2021, by other investigating authorities on CVD Investigations/ Reviews conducted on the exports from India, minimal duty rates ranging from 3-6 per cent have only been imposed.
In CVD Administrative review conducted by USA for the year 2019 against export of Polyethylene Terephthalate film, sheet & strip from India, a preliminary duty of 2.82% only was imposed as against 11.67 per cent imposed earlier for the year 2018.