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IT Tariff dispute
April 21 , 2023
584 days
464
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- The WTO ruled that, India violated trade rules by imposing huge import duties on certain information and communication technology products.
- India will challenge the ruling of the Geneva-based multilateral organisation.
- The WTO was hearing a dispute on India imposing a 10 percent custom duty on mobile phones and some other tech products in 2017.
- India later raised the custom duty from 10 to 20 percent which upset countries like the US, China, Taiwan, Singapore, and Japan.
- India has been arguing that the 2017 decision was taken in order to curb imports and encourage domestic production of tech products.
- India also, added that these tech products were not part of the 1996 agreement on Information Technology.
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