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Duty revisions after Oct to come with sunset clause, says FM Sitharaman

Government will rationalise customs duties after consultations, says finance minister

Nirmala Sitharaman

Nirmala Sitharaman (Photo: ANI)

Nikunj Ohri New Delhi
Duty change notifications post October 1 will come with a sunset clause after the government meets stakeholders in April on rationalising customs and anti-dumping duty, said Finance Minister Nirmala Sitharaman on Wednesday.

Sitharaman, during a discussion on the Finance Bill in the Rajya Sabha, said she had announced in the budget that the government would rationalise any duty brought against dumping over the years.

Anti-dumping duty notifications announced over decades did not have an end date and continue. The government will meet stakeholders from April 1 to review such duties.

“And if any such decades old, anti-dumping duty or any

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First Published: Mar 24 2021 | 7:45 PM IST

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