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Duration of safeguard duty

Duration of safeguard duty:

The duty imposed under this section shall be in force for a period of 4 years from the date of its imposition.

Extension of period: The Central Government may extend the period of such imposition from the date of first imposition provided it is of the opinion that:-

(a) Domestic industry has taken measures to adjust to such injury or as the case may be to such threat and

(b) It is necessary that the safeguard duty should continue to be imposed.

However, the total period of levy of safeguard duty is restricted to 10 years.

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