India's Appeal against WTO Ruling Being Reviewed
CHENNAI: The WTO's Appellate Body is reviewing India's appeal over a ruling on its complaint against imposition of countervailing duty (CVD) on certain hot-rolled carbon steel flat products by the U.S..
India on August 8 filed an appeal against the World Trade Organisation (WTO) panel ruling on its complain, the WTO said.
India appealed as the ruling was in favour in some parts and not in some others.
The WTO panel ruled in favour of India against U.S. imposition of duties as it was inconsistent with the WTO law on subsidies.
According to India's department of commerce, the WTO panel held that the U.S. law mandating cumulation of non-subsidised imports with subsidised imports while determining injury in a CVD investigation was inconsistent with WTO obligations.
This ruling potentially questions the validity of a number of other CVD proceedings conducted by the U.S. on products of Indian origin, the commerce department said last month.
It said the government was undertaking an evaluation of all other products of Indian origin on which the U.S. applied the same provision to arrive at CVD.
This provision has been in existence in the U.S. for many years and India was the first country to successfully challenge this provision.
According to the Indian government, the panel held that the U.S. had no factual basis to hold that the grant of mining rights for iron ore and coal was a subsidy.
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