Pernod Ricard and Diageo reportedly under Indian tax investigation over bulk Scotch imports

An October 19 post says Indian tax officials are investigating Pernod Ricard and Diageo for allegedly misclassifying bulk Scotch imports under the India-UK trade pact. It says the Directorate of Revenue Intelligence visited both companies’ offices the previous week and reviewed documents. Inspectors argue the pact’s duty cut from 150% to 75% does not apply to bulk Scotch concentrates; the companies say they have imported them in line with Indian law for years.