Study Areas and Capabilities of Tariff Commission
Study Areas
The Tariff Commission undertakes studies suo-moto or on reference from various Ministries/Departments. The study areas covered are:
- Industrial policy issues
- Resources efficiency studies- Energy, Water, Materials, R&D and Environment
- Tariff studies for streamlining/rationalizing/harmonizing the tariff structure including Inverted Duty Structure issues.
- Studies on International Competitiveness
- Pricing studies of industries including utility and service sector
- Developmental studies
- Consumer oriented studies
- Techno economic & normative cost/price studies of industries with reference to cost of inputs, possibilities of technological improvements and effective utilization of capital & other material resources, cost reduction measures.
Capabilities
The use of inter-disciplinary professional expertise developed over the last three decades has made the Tariff Commission into a cohesive, comprehensive and analytical organization with demonstrable synergies, unique in its ability to:
- Collect and analyse data from Government, public and private sector.
- Advise on costs, prices, efficiencies and competitiveness of industrial ventures.
- Interact with transparency and confidence with the captains of industry/technology leaders to look into issues relating to industrial production.
- Advise on policy issues related to specialized fields keeping in view the overall government policies
- Calculate price, based on normative costing of the product using prudent accounting methods and provide a better way of determining the protection level for domestic industries so that they can survive competition from foreign manufacturers.
- Develop technological input/output norms which are also appropriate to international cost calculations in so far as they are anchored on efficiency and realism.
- Suggest improvements in industrial efficiency, cost reduction and pricing issues in relation to normative industrial cost and realistic/reasonable fair price.
- Suggest systemic improvements conductive to cost rationalization and optimal efficiency of the operating units of the industry.