WTO said in a statement on 17th of April 2023 that India had disobeyed the rules of global trade in a debate with the Taiwan, Japan and EU over taxes on import of IT products.
“We recommend that India bring such measures into conformity with its obligations,” the WTO panel’s report said.
In the year 2019, the European Union challenged India’s introduction of import duties of between 7.5% and 20% for a wide range of IT products, such as mobile phones and components, as well as integrated circuits. In the same year, similar cases were filed against India by Japan and Taiwan
As per the reports of European Commission, in the year 2021 ,India and the European Union accounted for 10.8% of total Indian trade.
