New Indian Food Safety Regulations: How Do Foreign Enterprises Adapt?
Recently, the Government of the Hong Kong Special Administrative Region announced that starting from October 16, a tax reduction policy will be implemented for spirits with an import price of over HK$200, reducing the tax rate from 100% to 10%. Industry insiders believe that this move is expected to make Hong Kong a new trading center for imported spirits such as whisky and brandy in Asia. Some of the demand for imported spirits in the Chinese mainland may shift to the Hong Kong market, but the issue of parallel traders still needs to be paid attention to.
PSB Record: Shanghai No.31011502009912
