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What is Safeguard Duty?

Safeguard Duty?

The central government after conducting an enquiry is satisfied that any article is imported into the country in such increased quantities and under such conditions so as to cause or threatening to cause serious injury to domestic industry, then it may by notification impose a safeguard duty on that article.

Provided that no such duty shall be imposed on an article originating from a developing country so long as the share of imports of that article from that country does not exceed 3% or where the article is originating from more than one developing countries then so long as the aggregate of the imports from all such countries taken together does not exceed 9% of the total imports of that article into India.


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