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Safeguard duty on steel products to be extended for three years
Financial Express Bengaluru
|August 18, 2025
INDIA'S TRADE DEFENCE arm, the Directorate General of Trade Remedies (DGTR), has recommended a 12% safeguard duty on imports of certain varieties of steel for the next three years.
The recommendation, issued late last night, confirms the provisional 12% safeguard duty imposed on April 21 this year for 200 days on the same products. The DGTR's findings will now be considered and notified by the Central Board of Indirect Taxes and Customs (CBIC) under the Department of Revenue.
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