New Delhi, August 17 (Language) Indian liquor manufacturing companies have alleged that the excise policies of many states are discriminated against in favor of foreign liquor brands and against domestic brands, while Indian brands are getting recognition and respect internationally.
CIABC, an organization of beverage manufacturers, has approached several state governments, saying that alcohol -making Indian companies are in harm compared to their foreign counterparts due to discrepancies in their excise duty policies.
CIABC, a top body of Indian alcoholic beverage manufacturers, said Indian brands have to pay a highly high brand registration duty compared to imported BIO (bottled origin), which hinders the entry of products in many states.
The industry organization further stated that the implementation of the new free trade agreements (FTA) will reduce the customs duty on BIO products. On the other hand, the high excise duty (excise duty) being imposed on Indian premium brands by the state governments will make the domestic industry less competitive.
The CIABC said, ‘Ironically, when Indian premium and luxury brands are being appreciated worldwide, they are facing discrimination in the hurdles and charges related to fees in their own country. This discrimination being made in favor of foreign products and against Indian products is contrary to Prime Minister Narendra Modi’s call for ‘self -sufficient India’.
The BIO is the whiskey/spirit that is bottled up in their native country and imported into India with their branding and packaging.
This discrimination in excise policy is in about a dozen states. In addition to large alcoholic beverages like Maharashtra, Delhi, Kerala, Haryana, it is the highest in states like Odisha, Assam and Madhya Pradesh.
The CIABC further said, “It is writing letters to various state governments about various discrepancies in their excise policies, causing harm to alcohol -making Indian companies compared to their foreign counterparts.”
Language Yogesh Pandey
Pandeya
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