Indian tax authorities have launched an investigation into global spirits makers Pernod Ricard and Diageo regarding the classification of bulk Scotch whisky imports. Tax inspectors recently visited Pernod Ricard's facilities as part of the probe, which examines whether the companies wrongly classified imports to secure lower tariffs.
The scrutiny follows the implementation of reduced import duties under the recent India-UK trade pact, which officially came into effect on July 15.
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