Wine imports have been on a high in India, and the state of Maharashtra has long been India’s top consumer for imported wine. However, with the government of Maharashtra’s recent hike in excise duty from Rs 150 to 200% per bottle of imported wine, change is in the air…. IndianWine.com gets an overview...

The Finance Act for the year April 07-March 08 was presented today in Parliament and there are no changes in taxes on Imported Wines except that Education Cess which was 2% has been increased to 3% having a very nominal effect on costing. Click here for more deatails for the cost structure