Directorate General of Trade remedies is bestowed with the responsibility of investigating and recommending various World Trade Organisation compliant trade remedial measures viz. anti-dumping, countervailing, safeguard and quantitative restrictions.
Anti-dumping duty is a measure to rectify the situation arising out of the dumping of goods and its trade distortive effect.
Countervailing measures seek to counteract artificially low prices that are a result of subsidies or assistance granted by the Government in the exporting country to its local industry. Subsidies can be in form of subsidized loans, tax exemptions, indirect payments, etc., because of which exporters are able to export at lower prices.
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