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Indian tax officials visit liquor maker Radico Khaitan's offices

SENSEX 72,956.73 -641.94 NIFTY 22,585.35 -164.40 CRUDEOIL 9,688.00 + 190.00 GOLD 143,554.00 -584.00 SILVER 195,200.00 -1,517.00 SENSEX 72,956.73 -641.94 NIFTY 22,585.35 -164.40 NIFTY 22,585.35 -164.40 CRUDEOIL 9,688.00 +…

Indian tax officials visit liquor maker Radico Khaitan's offices
SENSEX 72,956.73

 -641.94

NIFTY 22,585.35

 -164.40

CRUDEOIL 9,688.00

+ 190.00

GOLD 143,554.00

 -584.00

SILVER 195,200.00

 -1,517.00

SENSEX 72,956.73

 -641.94

NIFTY 22,585.35

 -164.40

NIFTY 22,585.35

 -164.40

CRUDEOIL 9,688.00

+ 190.00

CRUDEOIL 9,688.00

+ 190.00

GOLD 143,554.00

 -584.00

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The visit from the Directorate ‌of Revenue Intelligence is part of "an industry-wide exercise" ‌being conducted by the authority

By Reuters

Updated - October 28, 2026 at 11:30 AM.

Radico Khaitan said on Tuesday ​that tax officials visited ‌two major offices and a manufacturing ​facility, amid a ⁠wider review of bulk Scotch imports. | Photo Credit: Dado Ruvic

Indian liquor maker Radico Khaitan said on Tuesday ​that tax officials visited ‌two major offices and a manufacturing ​facility, amid a ⁠wider review of bulk Scotch imports.

  • The visit from the Directorate ‌of Revenue Intelligence is part of "an industry-wide exercise" ‌being conducted by the authority, ‌the ⁠company said
  • The visits, ⁠to an office in Delhi and a manufacturing facility and another office ​in the ‌northern state of Uttar Pradesh, has no impact on financial or operational activities, Radico Khaitan ‌added
  • The Indian tax ​authority is looking into whether liquor giants Pernod Ricard ⁠and Diageo wrongly classified some bulk Scotch imports, allowing them ‌to pay lower tariffs, Reuters exclusively reported last week
  • The tax department is concerned that companies are wrongly classifying bulk Scotch concentrates ‌as products eligible for lower tariffs under ​the India-UK trade pact, Reuters reported
  • Under the ⁠trade pact, which took effect ⁠on July 15, India agreed to halve import taxes ‌on some Scotch imports to 75 per cent from 150 per cent

Published on October 28, 2026

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Source: The Hindu BusinessLine — Companies ↗

Figures reflect the source report and its stated period. This article is for information and is not investment advice.