India-UK FTA faces 1st blow as India excludes bulk Scotch from 75% tariff cut
Indian authorities are investigating spirits firms over alleged customs misclassification of bulk Scotch whisky imports, triggering first major tariff dispute under India-UK Free Trade Agreement. The deal cut duties on certain Scotch imports from 150% to 75%. However, Indian investigators argue that this reduced rate does not apply to bulk Scotch concentrates and it remains subject to 150% duty.