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[Cites 0, Cited by 0] [Section 116] [Entire Act]

Union of India - Subsection

Section 116(11) in Finance Act, 2020

(11)For the purposes of this section,-
(a)"developing country" means a country notified by the Central Government in the Official Gazette;
(b)"domestic industry" means the producers -
(i)as a whole of the like article or a directly competitive article in India; or
(ii)whose collective output of the like article or a directly competitive article in India constitutes a major share of the total production of the said article in India;
(c)"serious injury" means an injury causing significant overall impairment in the position of a domestic industry;
(d)"threat of serious injury" means a clear and imminent danger of serious injury.