INDIA: Gov't caves to customs duty pressure

By | 4 July 2007

The Indian government has confirmed that it has withdrawn the additional customs duty on imported spirits, wine and beer.

A spokesperson for the Central Board of Excise and Customs confirmed the move late yesterday (3 July).

The basic customs duty on wines, however, will rise from 100% to 150%, the CBEC noted.

The move follows growing pressure from the EU and the US, both of whom have opposed what they have called the "additional" and "extra-additional" duties applied by the country to their spirits exports.

Sectors: Beer & cider, Spirits, Wine

View next/previous articles

Currently reading -

INDIA: Gov't caves to customs duty pressure

There are currently no comments on this article

Be the first to comment on this article

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