UK: SWA wants EU to intervene on Indian tax row
Just weeks after India lifted its long-term ban on the import of bottled spirits (April 1st) the Scotch Whisky Association (SWA) is urging the European Commission (EU) to meet with Indian officials after it identified at least five breaches of World Trade Organisation (WTO) agreements. Under its WTO commitments, the Indian government should reduce the tariff on spirits from 222% to 198% by July. But the SWA claims that so far, there has been no indication that this will happen. And in a statement it said that the government has instead slapped an additional duty on imported spirits, which will increase the total fiscal burden to a massive 706% on less expensive spirits and 464% on more expensive brands.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Most Valuable Spirits Brands in 2017 - The facts
- Most Valuable Beer Brands in 2017 - The facts
- Has the politics of M&A changed? - Analysis
- IAADFS Duty Free Show of the Americas - Preview
- Interview, Fever-Tree's founders
- Coca-Cola Co announces senior executive shake-up
- Diageo's Captain Morgan LocoNut - NPD
- Heineken releases colour-change bottles
- Diageo rolls out vegan Baileys Almande Almondmilk
- Heineken sees Tesco pull SKUs in UK
- Central and East Europe Report Package
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Global vodka insights - market forecasts, product innovation and consumer trends
- Global rum insights - market forecasts, product innovation and consumer trends
- Global Scotch insights - market forecasts, product innovation and consumer trends