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LIQUOR IMPORT DUTY INDIA
Prices of premium Scotch set to fall in Delhi after customs duty cut on British spiritsPrices for premium Scotch whiskies in Delhi are expected to decline shortly due to changes in customs duty. The reduction in import duty fo...- Scotch whisky in Delhi may get cheaper after Diwali as excise department begins price revisionScotch whisky prices in Delhi could drop by around 7% due to changes in import duties. The new rates will likely affect popular brands like...
- Trump's midterm setback may put India under pressure for quick trade deal on US terms: GTRIAmid electoral challenges, US President Donald Trump is likely to ramp up pressure on India to seal a trade deal. This potential agreement ...
- India's palm oil imports hit 14-month high, soyoil purchases set recordIn October, India experienced a surge in palm oil imports to 866,000 metric tons. Soyoil imports reached a record high of 653,000 tons, ref...
- India’s illegal gold imports surge 1,500% after tax hikeIndia's illegal gold imports surged dramatically in the third quarter of 2023, reaching 50 metric tons. This rise is attributed to the gove...
- Thieves enter home after birthday party, use leftover cake to cover CCTV and steal Rs 9 lakh worth jewellery after woman posts gifts on InstagramThree burglars allegedly broke into a Kolkata businessman's home hours after his wife shared a picture wearing a Rs 5 lakh birthday necklac...
- 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 ...
- 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...
- 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. ...
- 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...
- 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...
- 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...
- 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 ...
- 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...
- 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...
- AAP slams Delhi govt, gives 24-hour 'ultimatum' to withdraw alcohol home booking policy or face protestAam Aadmi Party leader Saurabh Bharadwaj criticized the Delhi government's new home alcohol delivery scheme. He emphasized that this initia...
- 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...
- 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 expected to extend duty-free cotton imports through December, sources sayIndia is expected to extend the 11% customs duty exemption on cotton imports until the end of December to ease supply shortages, lower dome...
- India brings back duties on specified Chinese titanium dioxide importsIndia has reintroduced anti-dumping duties on titanium dioxide imports from China due to material injury caused to domestic producers. This...
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