INDIA: Gov't caves to customs duty pressure
By just-drinks.com editorial team | 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The Indian government has confirmed that it has withdrawn the additional customs duty on imported spirits, wine and beer.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
5 Jul 2007 -
Currently reading -
INDIA: Gov't caves to customs duty pressure
4 Jul 2007 -
4 Jul 2007 -











There are currently no comments on this article
Be the first to comment on this article