India challenges WTO ruling on ICT import duties
India has appealed against a ruling of the World Trade Organization's (WTO) trade dispute settlement panel which stated that the country's import duties on certain information and technology products are inconsistent with the global trade norms.
New Delhi: India has appealed against a ruling of the World Trade Organization's (WTO) trade dispute settlement panel which stated that the country's import duties on certain information and technology products are inconsistent with the global trade norms.
“India appeals, and requests the Appellate Body to reverse, modify, or declare moot and of no legal effect, the findings, conclusions, rulings and recommendations of the panel,” WTO has said. It said India has sought a review by the Appellate Body of the “errors of law” and legal interpretation by the panel in its report. The dispute panel of WTO on April 17 said in its report that import duties imposed by India on certain information and technology products violate global trading norms.
