BusinessPhoto: Business StandardIndia's Scotch Probe Challenges UK-India Trade Deal Benefits
India's investigation into Scotch whisky imports by Diageo and Pernod Ricard challenges the India-UK trade deal, which reduced tariffs from 150% to 75% and then to 40% over 10 years. Indian authorities excluded bulk Scotch concentrates from the reduced tariff, causing a dispute. The Directorate of Revenue Intelligence searched company offices and questioned executives over possible misclassification to gain tariff benefits.
Business Standard·



