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Dated: 16.02.2025

Government of India revises customs duties on imported alcoholic beverages: 100% duty on most spirits, bourbon whiskey exempted at reduced 50% rate under CBIC notification no.14/2025 of customs

The Ministry of Finance (Department of Revenue), Government of India, issued Notification No. 14/2025-Customs on February 13, 2025, under Section 25(1) of the Customs Act, 1962, and Section 124 of the Finance Act, 2021. This notification introduces amendments to Notification No. 11/2021-Customs (dated February 1, 2021), revising customs duties on specific alcoholic beverages.

Key Amendments:

1. Revised Tariff Rates for Alcoholic Beverages:

• Sl. No. 9 (HS Codes: 2204, 2205, 2206, 2208, except 2208 30 11 & 2208 30 91)
• All goods (excluding bourbon whiskey) will now attract a 100% customs duty.
• New Sl. No. 9C (HS Codes: 2208 30 11 & 2208 30 91)
• Bourbon whiskey will be subject to a reduced 50% customs duty.

2. Effective Date:

• The notification comes into immediate effect from February 13, 2025.

Implications:

• Increase in Import Duty: Most alcoholic beverages (except bourbon whiskey) will now face a higher 100% customs duty, potentially impacting import costs and pricing in the domestic market.
• Lower Duty on Bourbon Whiskey: A reduction to 50% customs duty on bourbon whiskey suggests an attempt to facilitate trade or align with international trade agreements.

This amendment is part of the government’s ongoing revisions to customs duty structures, aligning with economic policies and trade regulations.

In case you face any issues related to Indirect Tax-Customs, GST, Foreign Trade Policy (FTP), Arbitration matters and Central Licensing and related advisory matters in India then please feel free to get in touch with SJ EXIM Services.

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Source:  CBIC, Ministry of Finance, Government of India

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