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The Economic Times
The Economic Times

Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund case

NEW DELHI - Indian investigators have concluded Pernod Ricard withheld the age and composition of its Scotch whisky imports to hide their true value and pay lower tariffs, sparking ​a legal fight after the French company was asked to pay $314 million ​in back taxes, documents show.

Pernod, the maker of Chivas Regal whisky and Absolut vodka - which counts India as its biggest global market ​by volume - is seeking to quash a September decision by arguing that it was not given access to key pricing data in the investigation.

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