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Trade remedy must be user industry sensitive - The Hindu BusinessLine


Trade remedy must be user industry sensitive
Objective analysis is paramount   -  greenleaf123×
Besides technical determinations, imposition of anti-dumping duties must also pass the public interest test
In recent months, the Department of Revenue (DoR) has rejected as many as 20 recommendations of the Directorate-General of Trade Remedies (DGTR) to impose provisional or definitive anti-dumping duties, or to extend such duties, without giving any reason. Previously, too, a number of measures have been withdrawn or suspended
suo motu, through Budget announcements of 2020 and 2021, without the recommendation of the DGTR, apparently to protect the interests of the downstream industry.
These unusual actions by the DoR brings into sharp focus the concept of ‘user/public interest’ debates in trade remedy investigations. Indian industry has been raising the issue, saying that a section of large and medium industries has been the perpetual beneficiaries at ....

Department Of Revenue , Department Of Revenue Do , European Union , European Commission , Indian Trade Service Officer , Trade Remedies , Trade Remedy Measures , Designated Authority , Customs Tariff Act , Customs Act , Trade Remedy Laws , Indian Trade Service , User Industry , துறை ஆஃப் வருவாய் , துறை ஆஃப் வருவாய் செய் , ஐரோப்பிய தொழிற்சங்கம் , ஐரோப்பிய தரகு , இந்தியன் வர்த்தகம் சேவை அதிகாரி , வர்த்தகம் வைத்தியம் , வர்த்தகம் தீர்வு நடவடிக்கைகள் , நியமிக்கப்பட்ட அதிகாரம் , சுங்க சுங்கவரி நாடகம் , சுங்க நாடகம் , வர்த்தகம் தீர்வு சட்டங்கள் , இந்தியன் வர்த்தகம் சேவை , பயனர் தொழில் ,

A quarter of direct tax litigations getting resolved via 'Vivad Se Vishwas'


The Centre s ambitious tax dispute resolution scheme Vivad Se Vishwas has settled almost a quarter of the over 5.10 lakh tax disputes, with about Rs 97,000 crore worth disputed tax being resolved so far under it.
As many as 1,25,144 cases have so far opted for the Vivad se Vishwas (VsV) Scheme, which is 24.5 per cent of the 5,10,491 cases that were pending at different legal fora, according to sources in the Department of Revenue (DoR).
The response to VsV Scheme has been very encouraging and so far involves the tax dispute settlement amount to the tune of more than Rs 97,000 crore, sources added. ....

Lok Adalat , Kar Vivad Samadhan , Department Of Revenue Do , Resolution Committee , Vivad Se Vishwas , Vsv Scheme , Vishwas Scheme , Direct Tax Dispute Resolution Scheme , Vivad Samadhan Scheme , Dispute Resolution Committee , Tax Lok Adalat , Income Tax Act , Direct Tax Vivad , Vishwas Act , Income Tax Refunds , It Department , Personal Income Tax , Corporate Tax , லோக் அடல்ட் , கர் விவாத் சமதன் , துறை ஆஃப் வருவாய் செய் , தீர்மானம் குழு , விவாத் சே விஸ்வாஸ் , வ்சுவ் திட்டம் , விஸ்வாஸ் திட்டம் , நேரடி வரி தகராறு தீர்மானம் திட்டம் ,

About a quarter of direct tax litigations getting resolved via 'Vivad Se Vishwas'


About a quarter of direct tax litigations getting resolved via Vivad Se Vishwas
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Last Updated: Feb 06, 2021, 04:14 PM IST
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Synopsis
As many as 1,25,144 cases have so far opted for the Vivad se Vishwas (VsV) Scheme, which is 24.5 per cent of the 5,10,491 cases that were pending at different legal fora, according to sources in the Department of Revenue (DoR).
Agencies
The taxpayer is granted Immunity from levy of interest, penalty and institution of any proceeding for prosecution for any offence under the Income-tax Act in respect of matters covered in the declaration.
The Centre s ambitious tax dispute resolution scheme Vivad Se Vishwas has settled almost a quarter of the over 5.10 lakh tax disputes, with about Rs 97,000 crore worth disputed tax being resolved so far under it. ....

Lok Adalat , Kar Vivad Samadhan , Department Of Revenue Do , Resolution Committee , Vivad Se Vishwas , Vsv Scheme , Vishwas Scheme , Direct Tax Dispute Resolution Scheme , Vivad Samadhan Scheme , Dispute Resolution Committee , Tax Lok Adalat , Income Tax Act , Direct Tax Vivad , Vishwas Act , Department Of Revenue , Tax Dispute , லோக் அடல்ட் , கர் விவாத் சமதன் , துறை ஆஃப் வருவாய் செய் , தீர்மானம் குழு , விவாத் சே விஸ்வாஸ் , வ்சுவ் திட்டம் , விஸ்வாஸ் திட்டம் , நேரடி வரி தகராறு தீர்மானம் திட்டம் , விவாத் சமதன் திட்டம் , தகராறு தீர்மானம் குழு ,