import duty reduction News

India-UK Trade Agreement Finalized: Scotch Whisky Prices to Drop Next Year

India and the UK have finalized a trade deal that will reduce Scotch whisky import duties by half, but prices are expected to drop only by 8-10% next year, as customs duty is a sma...

India-UK Free Trade Agreement Sparks Luxury Car Buying Pause Amid Duty Cut Speculations

The India-UK Free Trade Agreement has led to a pause in luxury car bookings as buyers await potential duty cuts. Dealers face challenges with uncertain timelines, while some custom...