What is dumping? Dumping is the practice of selling a product in a foreign market at an unfairly low price (a price that is lower than the cost in the home market, or which is lower than the cost of …
About the Scheme The government introduced the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme with an objective to neutralize the taxes and duties suffered on exported goods which are otherwise not refunded in any manner. Introduced in …
About MFN Principle The Most Favoured Nation (MFN) principle is based on the idea that countries should treat all their trade partners equally—that no one country should be “more favoured.” It means no country should give special treatment to goods …
What is the PPV&FR Act? The Protection of Plant Varieties and Farmers Rights’ Authority (PPV & FR) Act, 2001, provides an effective framework to conserve and encourage the development of various plant varieties. The Act was enacted as part of …