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.
Paid just-drinks members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- The category today - Scotch Whisky I
- Today's Market Trends - Scotch Whisky II
- Industry is following the pack to patriotic party
- Key Brands Performance - Scotch Whisky IV
- Tomorrow's Market Trends - Scotch Whisky III
- Brown-Forman shuffles director pack
- Diageo unveils first European Johnnie Walker House
- Diageo to accept US$1m South Korea fine
- Beam Suntory names CFO, makes structural changes
- Spirits can fill music industry gap - Jagermeister
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends
- Soft Drinks Global Overview: Growth Opportunities Between Category Lines
- Consumer and Market Insights: Wine Market in China
- Global travel retail insights - market forecasts, product innovation and consumer trends