EU Files WTO Dispute Over India Tariffs
The European Union filed a dispute with the World Trade Organization on April 2 over India’s “excess” duty rates for goods in the information and communications technology sector. The EU said India is levying tariffs on a range of products…
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that should have no tariffs, including semiconductors, electrical transformers, telephone sets, microphones, circuits, wire and measuring instruments. The rates on those products “clearly exceed the bound rate” of 0 percent set in India’s Schedule of Concessions and Commitments implemented after the 1994 General Agreement on Tariffs and Trade, the EU said. The tariff rates are “inconsistent with India's obligations” in the WTO, the EU said in its request for consultations.