The forthcoming Indian budget is expected to contain welcome relief to the heavily taxed market for international liquor in the country. According to local press reports, the government’s revenue department and food-processing ministry are pushing for a duty rationalisation on beer, wine and spirits that would see a reduction of India’s duty on imported alcohol, which ranges from 246% to 706%.
INDIA: Budget may bring duty relief to internationals
The forthcoming Indian budget is expected to contain welcome relief to the heavily taxed market for international liquor in the country. According to local press reports, the government's revenue department and food-processing ministry are pushing for a duty rationalisation on beer, wine and spirits that would see a reduction of India's duty on imported alcohol, which ranges from 246% to 706%.