UNCTAD Paper Lauds India’s Tough Stance Against Extension Of Ecommerce Moratorium

UNCTAD Paper Lauds India’s Tough Stance Against Extension Of Ecommerce Moratorium

SUMMARY

The ecommerce moratorium has been costing India $500 Mn annually

Due to the moratorium, India can’t impose custom duties on electronic transmissions

Countries like India, China and Pakistan face the most losses due to the moratorium

A research paper by the United Nations Conference on Trade and Development (UNCTAD) praised India’s stance of ending the moratorium on ecommerce transmissions, ahead of a decision at the WTO on whether the moratorium will be lifted, allowing countries to impose customs duties on electronic transmissions. 

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