Whiskey rate cut: good news to whiskey lovers; The price of this imported whiskey will be very low.
The prices of bore whiskey imported from the US are expected to fall significantly in India as the Center has reduced import tariffs by 50 percent in view of the India-US mega trade agreement. Indian Prime Minister Narendra Modi has announced a reduction in customs duty on borbon whiskey in view of US President Donald Trump.
Imported from america
India mainly imports Borbon whiskey from the US. The American part of the entire borbon whiskey imported into India is one -match. According to the Revenue Department, India has reduced the Borbon whiskey import duty from 150 percent to 50 percent.
We were made borbon whiskey
There are two major brands related to the US Made Borbon Whiskey sold in India. He is Jack Daniel, Jim Beam. Wood Ford Reserve, Makers Mark, Gentleman Jack and Old Forester are other major brands in India.
New Bourbon Whiskey Price after reduction in import tariffs
The average Borobon whiskey in India starts at Rs 3,000 per full bottle. This value varies depending on the taxes levied by the states and other variables. When it comes to Jack Daniel, prices start from around Rs 3,250. States are expected to reduce the price reduction depending on the price added taxes. Expensive borbon whisters are likely to be high prices based on their high base value.
What is Bourbon Whiskey?
Bourbon whiskey is a kind of whiskey made of corn. It is a whiskey which is popular for its light sweet taste. It is made of at least 51% corn. It has a special taste. The borbon whiskey is old in oak barrel. This can only be technically made in the United States. In 1964, the US Congress recognized Borbon Whiskey as a “United States Bacing Production”. Borbon whiskey has the largest distillery in Kentki and Tennessee.
A large -scale trade agreement with America
Borbon whiskey import duty was announced before the Modi-Donald Trump’s visit to the White House on Thursday. Prime Minister Narendra Modi has announced that India and the US have agreed to double their bilateral trade by 2030 to $ 500 billion. Modi, who is on a two -day tour of America, said that the two countries will soon sign their mutual beneficial bilateral agreements. In 2024, bilateral trade between the US and India recorded a record of $ 129.2 billion.
