CVD Payment

Countervailing Duty Payment - A Countervailing Duty (CVD) Payment refers to the payment made by importers to the government as a result of countervailing duties imposed on imported goods that benefit from foreign government subsidies. These payments aim to counteract the effects of such subsidies, ensuring fair competition for domestic producers.

Class Information

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Identification

Label (rdfs)
Countervailing Duty Payment
Preferred Label
CVD Payment
Alternative Labels
Countervailing Tariff Payment, Trade Remedy Duty Payment, Trade Subsidy Duty Payment
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Definition and Examples

Definition
A Countervailing Duty (CVD) Payment refers to the payment made by importers to the government as a result of countervailing duties imposed on imported goods that benefit from foreign government subsidies. These payments aim to counteract the effects of such subsidies, ensuring fair competition for domestic producers.
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Additional Information

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Deprecated
False

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