New Tax Cut to Some Wine/Liquor

Effective December 1, 2017, the Chinese Customs will reduce the custom duty of several alcoholic drinks (see table below):

The new import duty will affect not much to the ecology of the Chinese wine market except to whisky, which is a hot item these yeas in Chinese alcoholic drink consumption, while this tax saving may not reflect and benefit to the consumers.

#Vermouth #grapedistillate #grappa #whisky

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