Countervailing duty under section 9 of the Customs Tariff Act, 1975 shall not be levied unless it is determined that: (i) Subsidy relates to use of…

CA Final · Indirect Tax Laws · PYQS · May 2025
Countervailing duty under section 9 of the Customs Tariff Act, 1975 shall not be levied unless it is determined that: (i) Subsidy relates to use of domestic goods over imported goods in the export article. (ii) Subsidy relates to export performance. (iii) Subsidy is conferred on all the persons engaged in the manufacture of articles whether to be exported or to be consumed domestically. Choose the correct option:
(A) (A) (i) and (ii)
(B) (B) Only (iii)
(C) (C) (ii) and (iii)
(D) (D) (i) (ii) and (iii)

Suggested Answer and Working Notes:

Correct Answer: Option (A)

(A) (i) and (ii)

Topics: Customs: Types of Duty

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