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 +…

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



