March 11, 2013
New EU classifications to result in price hike for made-wine products: WSTA
The introduction of new EU customs classifications may result in increase in excise duty and value added tax (VAT) for some made-wine products, according to The Wine and Spirit Trade Association (WSTA), a UK-based organization representing over 340 wine and spirits companies.
The introduction of new EU customs classifications may result in increase in excise duty and value added tax (VAT) for some made-wine products, according to The Wine and Spirit Trade Association (WSTA), a UK-based organization representing over 340 wine and spirits companies.