TPM was founded in 1999 at a time when the practice of trade remedies in India was in its infancy and there were only a handful of firms in the field. While other firms added this portfolio in their existing portfolios, TPM dealt exclusively in cases in the domain of trade remedies. TPM began its journey with a staff of merely 2 professionals. Today, it has a team of more than 40 professionals including Cost Accountants, Chartered Accountants, Company Secretaries, Lawyers, Engineers and MBAs. From the beginning, TPM was focused…
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Updates
Initiation of sunset review anti-subsidy investigation concerning imports of “certain hot rolled and cold rolled stainless steel flat products” from China PR (08.10.2021)
Final findings issued in anti-dumping investigation concerning imports of Decor Paper from China PR (28.09.2021)
Initiation of Anti-Dumping investigation concerning imports of “Ofloxacin and its intermediates” from China PR (17.09.2021)
Final finding issued recommending imposition of Anti-Dumping Duties on the imports of “Caprolactam” from EU, Korea RP, Russia and Thailand (27.09.2021)
Insights
Isopropyl Alcohol – India’s First Safeguard Investigation for Quantitative Restrictions
Author: Aastha Gupta, Principal Associate Safeguard measure can be invoked when the imports of a product increases, due to unforeseen developments, and causes injury to the domestic industry. The key ingredients required to invoke safeguard measure are (a) there must be increased imports of a product, (b) the increase in imports must be a result of unforeseen developments, and as an effect of obligations incurred under the GATT, (c) the imports must have caused serious injury to the domestic industry, (d) no other factors must be causing injury to the domestic industry, (e) the domestic industry must undertake that it would take action to positively adjust to the increased imports, and (f) the measure should be in public interest. A safeguard measure can take the…