Question

What are the various types of custom duties? Explain in brief about Anti - Dumping Duty.

Answer 1

Anti Dumping Duty. ... In order to avoid such dumping, Central Government can impose, under section 9A of Customs Tariff Act, anti-dumping duty up to margin of dumping on such articles, if the goods are being sold at less than its normal value. Levy of such anti dumping duty is permissible as per WTO agreement.