India halves Scotch whisky import tariff under UK trade deal

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A new trade agreement between India and the United Kingdom has reduced the import tariff on British whisky from 150% to 75%. The tariff is set to decline further to 40% over the next decade. This substantial tax cut, however, does not directly translate to an equivalent drop in the final retail price for consumers. The final cost to buyers is influenced by additional factors beyond the import duty.

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