PoliticsFirst Post
India-UK FTA cuts whisky duty, but Scotch may not get cheaper immediately: Experts explain why
in5points
India-UK FTA reduced customs duty on Scotch whisky from 150% to 75% from July 15.
Tariff is set to decline gradually to 40% over the next 10 years.
Retail prices may not drop immediately due to state excise duties, registration charges, and distribution margins.
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