For lovers of hard liquor, especially British spirits, there is good news: some premium scotches and whiskies in Delhi may become more affordable. Officials reported that the Delhi Excise Department is considering reducing the customs duty on British alcohol, which could potentially lead to a 15 percent decrease in the price of certain drinks in the capital.
According to an agency report, officials related to the matter stated on Sunday that import duties on alcohol imported from Great Britain could be reduced. If this happens, prices for some premium British scotches and whiskies in Delhi could fall by 10-15%. However, the final benefit to consumers will depend on the revision of retail prices by the state government.
According to an official, after the decision by the Delhi government, the price of these drinks in the capital's retail market may decrease by approximately 200-300 rupees.
It should be noted that last year India concluded a comprehensive economic and trade agreement with Great Britain. This agreement included a significant discount on import duties on British alcohol. According to the agreement, India will reduce the duty on whisky from Great Britain from 150% to 75%, and by the tenth year of the agreement, it will be further reduced to 40%.
According to the report, officials noted that due to the political nature of the issue, the decision on price reduction may take some time. The main reason is the absence of a permanent excise commissioner in the department. This position has remained vacant since the transfer of IAS Ravi Jha. Officials clarified that the process will accelerate after the appointment of a permanent commissioner.
According to experts, a price reduction of 200-300 rupees per bottle is expected in the premium segment, including brands such as Johnny Walker Black Label and Macallan. Additionally, other Scotch brands in India, such as Black Dog, 100 Pipers, Vat 69, and Black and White, may see a price reduction of 100-150 rupees. An official added that the tax department is analyzing the prices, and the final decision will be made after the appointment of the excise commissioner.