Business / GSP Duty benefit: India considers moving WTO against US over withdrawal of import sops

India is exploring various options, including approaching the WTO dispute body, to deal with the US decision to withdraw import incentives for about 2,000 domestic goods. India is exploring various options, including approaching the WTO dispute body. Removal of the benefits would result in imposition of duties by the US. The decision could impact India's exports worth USD 5.6 billion under this scheme.