Bulk Scotch tariff dispute could undermine India–UK trade pact benefits

Reuters reports that an Indian liquor trade group warned in a letter that excluding bulk Scotch concentrates from the deal’s reduced tariff could undermine a negotiated benefit. Indian inspectors told companies the imports face a 150% duty rather than the 75% rate, according to three people cited by Reuters. Authorities searched Diageo and Pernod Ricard offices as part of an investigation into whether the companies misclassified imports; both said they were cooperating.