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UK SPIRITS CUSTOMS DUTY
Budget 2027: Customs duty relief on 118 goods under reviewThe Indian government is currently reviewing customs duty concessions applicable to 118 products set to expire. This review involves input ...03 Nov, 2026, 12.48 AM IST- Govt moves to resolve Scotch tariff dispute under UK trade pact, sources sayIndia has assured industry executives that it will honor the trade pact with Britain regarding Scotch whisky tariffs. Ongoing investigation...02 Nov, 2026, 07.26 PM IST
- Why is India's probe of Scotch imports from Britain rattling liquor majors?India's investigation into bulk Scotch whisky imports has triggered the first major trade dispute under the India-UK free trade agreement. ...02 Nov, 2026, 02.02 PM IST
- Mass brands give liquor companies a hangover"It is difficult to pinpoint the reasons for the slowdown, even in states such as Uttar Pradesh which had recorded strong growth earlier," ...02 Nov, 2026, 12.51 AM IST
- India extends cotton import duty exemption till December 31The Indian government has extended the customs duty exemption on cotton imports to December 31. This decision aims to support the textile i...31 Oct, 2026, 05.40 PM IST
- Govt extends customs duty exemption on cotton imports till December 31The Indian government has announced an extension of the customs duty exemption on cotton imports until December 31, 2026. This move aims to...31 Oct, 2026, 03.03 PM IST
- Govt to meet liquor firms as domestic giants join foreign peers in Scotch disputeIndia's government is holding talks with liquor companies regarding tariff reductions on bulk Scotch imports. Major firms, including Diageo...31 Oct, 2026, 02.51 PM IST
- Government scraps export duty on petrol, raises levies on diesel and ATFThe Indian government has abolished the special additional excise duty on petrol exports as of now. Diesel export levies have been raised t...31 Oct, 2026, 02.37 PM IST
- United Spirits' mass-market liquor sales slump as inflation squeezes lower-income consumers, premiumisation takes centre stageUnited Spirits is facing subdued demand in its mass-market liquor portfolio as inflation squeezes lower-income consumers, while regulatory ...31 Oct, 2026, 12.48 AM IST
- India extends cotton import duty exemption till December 31 to ease textile costsThe Centre has decided to extend the customs duty exemption on cotton imports until December 31, 2026. This extension aims to improve cotto...30 Oct, 2026, 11.34 PM IST
- Diageo's India unit searched as state tax officials review Scotch importsUnited Spirits, the Indian subsidiary of Diageo, was searched by Maharashtra tax authorities due to an investigation. The authorities are p...30 Oct, 2026, 09.38 PM IST
- Crypto exchange HTX barred from promoting services in UKRegulators and authorities around the world have for years warned that nascent crypto markets - which are generally less regulated than mai...29 Oct, 2026, 05.52 PM IST
- United Spirits’ popular segment sales fall 22.7% as state policies squeeze marginsUnited Spirits reported a 22.7% decline in its popular liquor segment sales during Q2 FY2027. The decline was attributed to increased taxes...28 Oct, 2026, 11.06 PM IST
- What time is UK budget today and where to watch it? Will income tax rise, fuel prices increase and pensioners get relief in John Healey’s big announcement?When will UK budget be announced? UK Chancellor John Healey will deliver his first Budget today, with the key announcements expected on inc...28 Oct, 2026, 04.58 PM IST
- Tax officials visit Radico Khaitan offices and plant amid probe into bulk Scotch imports under India-UK pactTax officials from the Directorate of Revenue Intelligence have visited offices and a manufacturing facility of Radico Khaitan. These actio...27 Oct, 2026, 09.26 PM IST
- India's Scotch probe of Diageo, Pernod undermining India-UK pact benefits, trade group saysThe British government said "iconic UK products" like whiskies would benefit from the pact. Indian investigators, however, have privately t...24 Oct, 2026, 11.16 AM IST
- 'Ease non-tariff curbs to ensure alcohol enters the market freely'"The spirit of the free trade agreement is twofold-tariffs and regulations that ensure businesses operate a bit more freely," Ian Duddy, th...22 Oct, 2026, 01.11 AM IST
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