Tag: WTO Trade Rules

Posted on

Anti-Dumping Duties

Source:  HT Context: India has imposed anti-dumping duties on five Chinese products to safeguard domestic industries from low-priced imports. These duties will be applicable for up to five years based on recommendations from the Directorate General of Trade Remedies (DGTR). About Anti-Dumping Duties: What it is Anti-dumping duty is a protectionist tariff imposed on imports …

Continue reading “Anti-Dumping Duties”

Posted on

Most Favoured Nation

Source:  DH Context: Switzerland has recently revoked India’s Most Favoured Nation (MFN) clause in Double taxation avoidance agreement status following a Supreme Court ruling in an adverse tax case involving Nestle. About Most Favoured Nation (MFN): What It Is: MFN is a principle under the World Trade Organization (WTO) that mandates non-discrimination among member countries …

Continue reading “Most Favoured Nation”