Sunday, June 24, 2007

India To Cut Tax on Whisky

http://scotlandonsunday.scotsman.com/business.cfm?id=986152007

Looks like the Indians are going to cut the tax on Imported whisky good news for the Scotch Whisky industry - perhaps not for drinkers though? If India opens up thanks to Vijay Mallaya then demand for whisky will increase further and this will only raise the prices to the final consumers world wide - so the Indians might get cheaper whisky but its not such great news for the rest of the world I fear!

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