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.