Multinationals' fight to the finish over Indian import tax

By Chris Brook-Carter | 19 March 2001

Bootlegging, smuggling and corruption are rife in the Indian drinks industry but more crippling for foreign exporters is the country's tax regime. At present, imported spirits are taxed at 222% and wines at 104% but the recent WTO ruling means these could finally begin to fall. Chris Brook-Carter reports

just-drinks articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

Bootlegging, smuggling and corruption are rife in the Indian drinks industry but more crippling for foreign exporters is the country's tax regime. At present, imported spirits are taxed at 222% and wines at 104% but the recent WTO ruling means these could finally begin to fall. Chris Brook-Carter reports

  • Unlimited access to all the latest global beverage news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-drinks market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-drinks:

More articles related to this one

UK: Allied & Pernod - full details released
Allied Domecq last night accepted Pernod Ricard's offer to buy the UK-based drinks giant.

UK: Core spirits and wines drive Allied H1
Allied Domecq today delivered a 7% increase in first half group profits before tax to £285m. Earnings per share were up 7% to 19.2p, turnover that was flat at £1,700m.

US: CL Financial eyes Allied spin off brands
Drinks producer and distributor Todhunter International has said that its controlling shareholder, CL Financial, is interested in acquiring some of the brands of Allied Domecq that may become available following Allied's pending acquisition by Pernod Ricard.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page