image

Data on Import of sub-standard product from China

The details of cases of import of sub-standard products from China detected by the Customs Department for the last four years is as under:

Year

Number of Cases Value of goods involved (Rs.in Crores) Duty involved (Rs. In Crores) Fine/Penalty imposed  (Rs.inCrores)

2009-10

49

2.802

0.432

1.0518

2010-11

3

0.746

0.013

0.049

2011-12

2012-13 (uptoFebruary, 2013)

Government have policies in place to ensure that interest of both consumers and producers of domestic goods are not severely jeopardized by imports. To protect the consumers, quality/safety standards applicable to domestic goods are made equally applicable to imported goods. To protect the domestic producers, Trade DefenseMeasures like Anti-dumping & Safeguard measures are available to the domestic industry to seek relief against unfair trade practices by exporters of goods from other countries.

In case of electrical goods, safety is ensured through Electrical Wires, Cables, Appliances and Protection Devices and Accessories (Quality Control) Order, 2003. Import of fireworks (crackers) is restricted and subject to licensing under Import Policy.

*****

profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

One response to “Data on Import of sub-standard product from China”

  1. Dear corporatelawreporter.com admin, Your posts are always well written.

Leave a Reply

Your email address will not be published. Required fields are marked *

Corporate Law Referencer

Corporate Law Referencer

Corporate Law Referencer

India’s Leading Compliance Software

India’s Leading Compliance Software

Get A Demo Today !

Recent Articles

Recent Legal updates

Recent Gst Updates