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News 20 April 2021

What's New...

Customs Duty on Covid Medicine Remdesivir Injection and its Raw Material Cyclodextrin Cut to Zero, GST Applicable

· Measure Only for Six Months

Copper and Copper Alloy Flat Rolled Products in Anti-dumping Net

· China PR – US$618/MT

· Korea RP – US$651/MT

· Malaysia – US$1077/MT

· Nepal – US$429/MT and $478/MT

· Sri Lanka – US$720/MT

· Thailand – US$440/MT

· Complainant – Agrawal Metal

Anti-dumping Duty on Nylon Filament Yarn from European Union and Vietnam – Carpet Grades 650 to 10,000 decitex Excluded

Linear Alkyl Benzene under Compulsory BIS Standards w.e.f. 15 April 2021

Cabinet Okays Back Door Amendments without Parliament approval to the Finance Bill, 2021 for “Stakeholder Concerns”

· Details Awaited

Exclusive Subsidy Policy for Urea Produced through Coal Gasification by Talcher Fertilizers Limited (TFL) Approved

Commerce Ministry Claims Container Shortage Eases in the Country

· Waiting Time Down for Availability of Containers at ICDs and Ports

· Problem Localised in South, says Ministry

Overall Exports (Merchandise & Services) Hit US$500 bn during April-March 2020-21

MoU between India and Bangladesh on Framework of Cooperation in Areas of Trade Remedial Measures Approved

India Hosts Spices and Culinary Herbs Sessions Virtually

· Fifth Session of Codex Committee on Spices and Culinary Herbs begins Virtually

Workshop on PLI Scheme for Bulk Drug and Medical Devices

Piyush Goyal Chairs Meeting with various Export Promotion Councils– Calls for 25% Growth

PM addresses the nation on the COVID-19 situation

.04.2021

Axle for Trailers from China – Sunset Review Initiated on York Transport Eqpt Complaint

Jubilant Pharma Develops Novel Oral Formulation of Remdesivir

Home Secy Bhalla Chairs Meet of with Chief Secretaries and Health Biggies in Video Conference

· Call for Strict Enforcement of Lockdown

· No Talk on Lockdown Impact on Economy and Migrants or Variance in State to State Norms

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