INDIA: India rejects review of duties on spirits
Instead, the central government has defended the imposition of extra customs duty on imported liquor, saying it was necessary to protect the domestic production industry and has added that it was considering imposing a 24% cent flat rate on imported spirits kept in warehouses for more than 30 days.
"The additional customs duty on imported liquor is necessary to protect the domestic liquor industry which is in the nascent stage," the country's director-general of foreign trade, N.L. Lakhanpal has said.
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