Scotch whiskey to get cheaper in India as import duty slashed under UK FTA

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Scotch whiskey to get cheaper in India as import duty slashed under UK FTA - Business Standard

Quick Summary:

A bottle of Scotch whisky that currently retails for around ₹5,000 may soon cost between ₹3,500 and ₹4,000 after the initial reduction.

Despite the tariff cuts, Indian officials maintain that the domestic alcoholic beverage market — dominated by country-made liquor (88 per cent) and India-made foreign liquor (9.5 per cent) — will not face significant disruption.

A bottle of Scotch whisky that currently retails for around ₹5,000 may soon cost between ₹3,500 and ₹4,000 after the initial reduction, depending on state taxes and distributor margins.