
The Indian Express

The Financial Express

Latest News

Screen

Express Computer

Corporate Results

Expresswheels
 Travel

Matrimonials

Careers

Lifestyle

Astrology

E-Cards

Columnists

Graffiti

Crossword

Letters

Environment

Jewellery

Info-tech

Power

Steel

Global Tenders

Filmtvindia

|

| |
Monday, July 5, 1999
Tariff commitments
The phaseout of the quantitative restrictions (QRs) on the automobile sector in India by 2003 will bring the sector within the ambit of a set of multilaterally agreed tariffs. The country is yet to notify to the WTO the maximum rate of duty that India would like to impose on passenger cars, two- and three-wheelers.Korea has offered to reduce tariffs in most segments, except for complete passenger cars. Korea has proposed most significant tariff cuts in the case of two- and three-wheelers (a fall of 54 percentage points from the base points). Thailand has offered tariff cuts on a wide range of products. However, their proposed post-Uruguay-Round rates are significantly higher than the comparable offers made by India. Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.

Top
|
|
|



Printer-friendly page |
|