Indian state’s whisky duty cut fuels tariff deal hopes
Lord Offord in India last month
A cut in excise duty on imported Scotch whisky by an Indian state government has been welcomed by the sector ahead of formal UK-India trade talks.
The Maharashtra government is reducing tax from 300% to 150% of the manufacturing cost.
It has been seen as a breakthrough in long-running talks over the high taxes imposed in India.
The Scotch Whisky industry is campaigning to reduce the 150% federal tariff on imported Scotch Whisky, which the UK government has made a top priority in upcoming trade talks with Indian authorities.
Maharashtra government officials said that the excise cut would help reduce the illicit trade of Scotch Whisky and other spirits from other states, and double state revenue from sales.