CIABC asks government not to reduce customs duties on whiskey, wine and other spirits from the United Kingdom below a ‘sustainable level’...

Any reduction in prices of alcohol served at bars will happen after the ‘old stock’ — bought at a higher price — is exhausted...

Move aimed at preventing shift to cheaper brands...

According to the data compiled, India’s total share in global exports of alcoholic beverages was only 0.27 per cent in 2019...

State government had imposed a 30% tax in April during lockdown...

They also demanded extension of excise year for three months till June 30 and online sale of liquor...