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WTO panel rejects India's arguments

Exporters can rest assured that there is no threat to the Advance Authorisation Scheme, Duty Drawback Scheme and four specified entries under DFIS.

TNC Rajagopalan 

TNC Rajagopalan

A World Trade Organization (WTO) panel has concluded that India is maintaining prohibited export subsidies that must be withdrawn in the coming months.

Our government might appeal. The United States had alleged India gives prohibited subsidies through the Export Oriented Units (EOU) Scheme and via sector-specific schemes, examples being the Electronics Hardware Technology Parks (EHTP) Scheme, Bio-Technology Parks (BTP) Scheme, Merchandise Exports from India Scheme (MEIS), Export Promotion Capital Goods (EPCG) Scheme, Special Economic Zones (SEZ) Scheme and Duty Free Imports For ...

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First Published: Sun, November 03 2019. 23:38 IST
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