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India's Taxes on Alcohol Are Legal, WTO Judges Rule - bloomberg.com

 

June 9 (Bloomberg) -- The U.S. failed to prove that Indian duties on alcohol imports discriminate against products such as Brown-Forman Corp.'s Jack Daniels whiskey, World Trade Organization judges said, after changes to Indian import rules.

``The U.S. has failed to establish that the additional duty on alcoholic liquor is inconsistent'' with Indian commitments at the WTO, judges said in a 182-page report issued today from Geneva. In response to a complaint by the European Union, India trimmed the levies to 150 percent last year.

 

 

For More Details bloomberg.com

Published Jun 10 2008, 12:26 PM by admin
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