Creation of Directorate General of Trade Remedies (DGTR) in Department of Commerce notified

Creation of Directorate General of Trade Remedies (DGTR) in Department of Commerce notified

Creation of Directorate General of Trade Remedies (DGTR) in Department of Commerce notified

The Department of Commerce has formally issued the notification for creation of Directorate General of Trade Remedies (DGTR) in the Ministry of Commerce and Industry.

DGTR will be the apex National Authority for administering all trade remedial measures including anti-dumping, countervailing duties and safeguard measures. The DGTR will bring the Directorate General of Anti-dumping and Allied Duties (DGAD), Directorate General of Safeguards (DGS) and Safeguards (QR) functions of DGFT into its fold by merging them into a single national entity.

It will also provide trade defence support to the domestic industry and exporters in dealing with increasing instances of trade remedy investigations instituted against them by other countries. In the last three years, India initiated more than 130 anti-dumping/countervailing duty/safeguard cases to deal with the rising incidences of unfair trade practices and to provide a level playing field to the domestic industry.

DGTR has been approved with a sanctioned strength of 112 posts drawn from Directorate General of Anti-dumping and Allied Duties of the Department of Commerce and Directorate General of Safeguards of CBEC. It will be a multi-service organisation drawing upon the skill sets of various officers from the fields of International Trade, Customs, Revenue, Finance, Economics, Costing and Law, said a release.

Farsana

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