Tariff imposition: India appeals against WTO panel report

Tariff imposition: India appeals against WTO panel report



India on Thursday appealed against a decision by the dispute settlement body of the World Trade Organization (WTO) that had ruled against New Delhi’s imposition of tariffs on mobile phones and electronic components, among other ICT goods.The case was brought by the EU and a WTO panel in April said that India had violated global trading rules.In its appeal, India said it has sought a review by the Appellate Body “of the errors of law and legal interpretation by the panel in its report and requests findings by the Appellate Body”. In May, New Delhi had appealed a similar ruling that had favoured Japan but the WTO gave three months, till September 19, to India and the EU to settle the dispute.”The products which, as the EU alleges, should be given tariff-free treatment were never covered under the ITA and hence were not negotiated,” India said in its appeal.It also argued that the concessions under the ITA were available to all WTO members, and not only to the ITA participants.”ITA does not follow the multilateral principles of reciprocity and mutually advantageous arrangements, and India has not received any reciprocal benefits in exchange for the alleged concessions,” New Delhi said.The EU, Japan and Taiwan had claimed that India was applying duties on imports of certain ICT products in excess of the zero-bound duty rate set out in India’s WTO schedule.In 2019, the three members challenged import duty of 7.5%-later increased to 15%-levied by India in 2017. India later further raised the duty to 20%.”In particular, the panel erred because the order of analysis conducted… is not correct,” India said in the appeal and requested the Appellate Body to reverse, modify, or declare moot and of no legal effect, the findings, conclusions, rulings and recommendations of the panel.



Source link

Thank You
by GAGA B2B

leave your comment

Featured Ads

Top