Alcohol makers seek phased import duty cuts, strong safeguards to prevent EU FTA misuse

The Confederation of Indian Alcoholic Beverage Companies (CIABC) has urged the government to gradually reduce import duties on liquor products under the proposed India-EU free trade agreement (FTA). They propose cutting customs duties on bottled wines and spirits from 150% to 100% immediately, then to 50% over 10 years, with bulk spirits duties dropping from 150% to 75% immediately and 25% in a decade.

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