ET Cons. Products NEWS Powered by Liquor apex body CIABC objects reducing basic customs duty on imported spirits before trade talks with UK SECTIONS Liquor apex body CIABC objects reducing basic customs duty on imported spirits before trade talks with UKBy Share Synopsis “India exports just Rs 5 crore worth of alcoholic beverages annually to UK against an import of Rs 1300 crores. Exports to UK constitute only 0.2% of India’s total exports of alcoholic beverages whereas imports from UK are 24% of India’s total import of alcoholic beverages,” said Vinod Giri, director general of CIABC. Agencies The CIABC has asked the government to urge UK to remove non-tariff barriers to allow easy export of IMFL.