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Deal sealed, but Scotch to stay pricey till 2035

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Import duties on Scotch and gin in India will decrease from 150% to 75%, but the full effect won't be seen until at least 2035 due to ratification and a phased reduction. While the UK agreed to a minimum import price, consumer price drops may only be around 10% because of state taxes. The move is expected to benefit Indian Made Foreign Liquor manufacturers and boost trade.

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