Section 9B of CTA, 1975 : Section 9B: No Levy Under Section 9 Or Section 9A In Certain Cases

Explanation using Example

Imagine a company in India, 'IndiTech', which manufactures solar panels. They've been facing stiff competition from 'SolarMax', a company from Country X that exports solar panels to India at very low prices. IndiTech claims that SolarMax can offer such low prices because it receives substantial subsidies from its government, which is not fair to the local manufacturers.

In response to IndiTech's complaints, the Indian government investigates and finds that SolarMax's low prices are indeed due to government subsidies. Normally, India could impose a countervailing duty under section 9 of the Customs Tariff Act, 1975 to offset these subsidies. However, the Indian government also discovers that SolarMax is dumpin...

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