India slashes duty on US whisky amid tariff woes
India has slashed tariffs on bourbon whisky to 100% from 150%, a move that will benefit imports of brands like Suntory’s Jim Beam, after US President Donald Trump’s criticised “unfair” levies in the South Asian market.
The tariff notification by the Indian government was dated February 13 but gathered media attention only on Friday. It said the basic customs duty on bourbon will be 50%, with an additional levy of 50%, bringing the total to 100%.
Previously, such imports were taxed at 150%.
There will be no change on imports of other liquor products, which are also taxed at 150%.
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