India-UK FTA Takes Effect July 15: Cheaper Whisky, Autos, Cosmetics for Consumers
The India-UK CETA slashes tariffs from tomorrow—Scotch and gin duties drop from 150% to 40%, autos from 110% to 10% (within a 378,000-vehicle quota), and cosmetics duties up to 22% are eliminated. Silver tariffs phase out over 10 years. Indian textiles, footwear and processed foods gain duty-free UK access.
India-UK FTA takes effect July 15, slashing tariffs on premium alcohol (Scotch, gin, vodka), autos, cosmetics and silver entering India, while boosting duty-free access for Indian textiles, footwear and processed foods—directly affecting consumer prices and retail categories.