Customs scrutiny to get more strict everywhere

Now, inevitably will look for other markets where they can sell more, even at discounted prices, that is a worry for other countries whose domestic producers will naturally cry for protection and in response more tariff and non-tariff barriers to stem the flood of imports will be erected. That is bound to curb global trade and economic growth.

Customs scrutiny everywhere will get more stringent before allowing imported goods to enter the domestic economy, leading to more anxieties for importers and exporters.

Our government has already set up a ‘global trade and tariff help desk’ and asked the Customs to watch out for any surge in imports and re-export of imported goods in substantially the same form. The exporters using any inputs from China should now be wary of the Customs. The goods entering the country may be subjected to rigorous inspection to verify whether they are essentially Chinese goods entering under a different garb after minimal value addition in the exporting country.

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