NEW DELHI: The US has accused India of complicated customs system and import schemes fraught with exemptions that render them open to administrative discretion.
The US said that there is no single publicly available official publication that includes all relevant and up-to-date information on tariffs, fees, and tax rates on imports in India.
In the National Trade Estimate 2018, the United States Trade Representative said: “India’s customs officials generally require extensive documentation, inhibiting the free flow of trade and leading to frequent and
In large part, this is a consequence of India’s complex tariff structure, including the provision of multiple exemptions, which vary according to product, user, or intended use, it noted.
Source:- Economictimes.indiatimes.com
