World3 sources

India addresses Scotch whisky tariff dispute, assures 75% duty on bulk imports

  • India is addressing a dispute over reduced import duties on bulk Scotch whisky imports.
  • Liquor industry executives were assured that these imports qualify for the 75 percent duty reduction.
  • The disagreement arose after tax officials questioned the eligibility of bulk shipments under the India-UK Comprehensive Economic and Trade Agreement.
  • Major liquor companies, including Diageo, are involved in the dispute.
  • India plans to meet with liquor firms to resolve the issue.
India addresses Scotch whisky tariff dispute, assures 75% duty on bulk imports | Split Angle