The Commerce and Finance ministries have reportedly discussed the dispute over customs duties on bulk Scotch whisky imports under the India-UK FTA. The DRI maintains that the reduced 75% duty applies only to finished Scotch, not concentrates, leaving several shipments held up at Indian ports.
Bulk Scotch whisky imports held up at Indian ports: Commerce, Finance ministries meet to resolve dispute over duties
EXECUTIVE SUMMARY
The Commerce and Finance ministries have reportedly discussed the dispute over customs duties on bulk Scotch whisky imports under the India-UK FTA. The DRI maintains that the reduced 75% duty applies only to finished Scotch, not concentrates, leaving several shipments held up at Indian ports.
Key Takeaways
- Bulk Scotch whisky imports held up at Indian ports: Commerce, Finance ministries meet to resolve dispute over duties.
- The Commerce and Finance ministries have reportedly discussed the dispute over customs duties on bulk Scotch whisky imports under the India-UK FTA.
- The DRI maintains that the reduced 75% duty applies only to finished Scotch, not concentrates, leaving several shipments held up at Indian ports.
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Published originally on Livemint - News
