Central Government can impose the safeguard duty if it is satisfied that: a. Any article is imported into India in increased quantities b. Such…

CA Foundation · Business Economics · MTP · June 2024
Central Government can impose the safeguard duty if it is satisfied that: a. Any article is imported into India in increased quantities b. Such increased importation is causing or threatening to cause serious injury to domestic industry
(A) A. 1 only
(B) B. 2 only
(C) C. Either A or B
(D) D. Both A&B

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Both A&B

Topics: International Trade

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