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TMI BlogSuspension or termination of investigation on acceptance of price undertakingX X X X Extracts X X X X X X X X Extracts X X X X ..... - Act-Rules - Rule 17. Suspension or termination of investigation on acceptance of price undertaking. - (1) The designated authority may suspend or terminate an investigation, if - (a) the government of the exporting country - (i) furnishes an undertaking that it would withdraw the subsidy. (ii) in case of specified countries, undertakes to limit the quantum of subsidy within reasonabl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ards price increase under sub-rule (1) shall be accepted unless the designated authority had made preliminary determination of subsidization and the injury : Provided that an undertaking from an exporter shall be accepted only when the designated authority has also obtained the consent of the exporting country. (3) The designated authority, may also not accept undertakings offered by any cou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the exporting country, or the exporter from whom such undertaking has been accepted to provide from time to time information relevant to the fulfilment of the undertaking and to permit verification of relevant data : 1 [ Provided that the designated authority may obtain from the producer or importer information periodically to monitor the undertaking and take steps for onsite verification ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iew from time to time the need for the continuance of any undertaking given earlier. ************** NOTES:- 1. Substituted vide Notification No.10/2020-Customs (N.T.) dated 02-02-2020 before it was read as Provided that in case of any violation of any undertaking, the designated authority will intimate the Central Government and complete the investigation expeditious ..... X X X X Extracts X X X X X X X X Extracts X X X X
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