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IMPORT TAXES ON SCOTCH
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...- 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...
- '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...
- India probing Pernod, Diageo Scotch imports under India-UK trade pact, sources sayIndian tax officials are investigating Pernod Ricard and Diageo for how they classified bulk Scotch imports. These companies may have impro...
- IMFL segment: Premium products share expected to hit 35-36 pc in 3-4 years, says industryThe India-UK Free Trade Agreement, which became effective from July this year, is supporting premiumisation in the domestic spirits market ...
- Happy Hours! UK trade pact brings scotch prices down in IndiaScotch prices in India have decreased significantly for the first time following the India-UK free trade agreement. Major brands like Johnn...
- Qualitatively 'happy hours': India’s liquor problem is not what you thinkIndia's food regulator has targeted popular alcohol brands for using neutral spirit and misleading ageing claims. Many Indian liquors are a...
- Scotch at a discount post UK FTA is only half the story for India's whisky marketIndia's import duties on Scotch whisky and gin have been halved by a new trade agreement. This change is expected to gradually lower prices...
- Whisky, no more a colonial hangoverIndia's whisky scene is experiencing a remarkable 'swadeshi' boom, with domestic premium brands like Indri and Rampur rising in popularity,...
- Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund caseIndian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...
- Big Scotch tariff cut to bring little cheer for Indians after UK trade dealCutting Scotch whisky import tariffs to 75% under the India-UK trade deal may offer limited benefit to Indian consumers due to India’s comp...
- India-UK FTA: International premium spirits to be more accessible but benefits may be limited, say expertsThe India-UK free trade agreement is set to reduce duties on imported spirits, potentially making premium international options more access...
- India-UK FTA: Scotch whisky, gin tariff cuts unlikely to impact retail pricesIndia and UK's free trade agreement will halve tariffs on UK-made whisky and gin. The tariff will eventually drop to 40% over ten years. In...
- How will India-UK FTA affect Indian alcobev stocks?Under the new FTA, India has agreed to cut import duties on Scotch, whisky and gin from 150% to 75% with immediate effect, with a further r...
- $1 is all it takes to change the landscape of Indian Scotch marketA TOI report on Monday showed that this $1 difference in the MIP could lead to a significant bump in the shipment of popular brands like Jo...
- Level playing field needed to boost whisky sales: Chivas Brothers on India-UK FTAChivas Brothers, the Scotch whisky business owned by French distiller Pernod Ricard, has called for a fairer playing field in the India-UK ...
- India leads UK's Scotch whisky exports boomThe customs figures also show the volume of exports of the exclusive drink from Scotland increased by 5.6 per cent to almost 558 million bo...
- 'Scotch prices in India may come down post FTA with EU'Scotch whisky prices in India are likely come down after successful conclusion of free trade agreement with European Union.
- Govt reduces taxes on imported liquorThe government lifts the massive taxes it had imposed on imported wines and spirits.
- Scotch makers urge EU to take India to WTO on taxesThe Scotch Whisky Association (SWA) has urged the EU to launch WTO dispute settlement proceedings against India at the earliest, following ...
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