Tax Officials Visit Radico Khaitan Offices
Indian tax officials visited Radico Khaitan offices and a plant amid a wider review of bulk Scotch whisky imports. The company stated that the checks have no impact on its operations or finances.
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RADICO KHAITAN LTD confirmed Tuesday afternoon that tax authorities visited its offices and a manufacturing facility amid an industry-wide review of bulk Scotch imports in India. The Directorate of Revenue Intelligence conducted the inspections across Delhi and Uttar Pradesh following questions over tariff classifications. The probe tests the implementation of the bilateral trade framework established with the United Kingdom.
