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MARKET PULSE · India

India holds Pernod and Diageo Scotch shipments in tariff dispute

Indian customs authorities are holding dozens of bulk Scotch shipments imported by Pernod Ricard and Diageo while officials dispute whether a 75% or 150% tariff applies. Reuters reported that government ministries are discussing a resolution; the shipments have not been released.

By F&BSG Editorial · F&BSG edition · Original source: Reuters · Source published

What happened

Indian customs authorities are holding dozens of bulk Scotch shipments imported by Pernod Ricard and Diageo while officials dispute whether a 75% or 150% tariff applies. Reuters reported that government ministries are discussing a resolution; the shipments have not been released.

Source and editorial note

This is F&BSG’s summary of reporting by Reuters. Read the original source for the full context and any subsequent updates.

Read the original at Reuters ↗

F&BSG’s summaries are informational and may become outdated. For corrections, see the editorial policy.

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