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New EU classifications to result in price hike for made-wine products
date:Mar 08, 2013
the new rules.

Producers will then have to consult with HM Revenue Customs (HMRC) to confirm the revised status of their products, which would result in more delays and confusions.

Also, the products classified as 'spirit drinks' under the new rules could be levied with increased excise duty and VAT, which will finally have to be faced by consumers.

WSTA chief executive Miles Beale said the changed EU rules will now clearly define a product being classified as made-wine or being re-classifie

12/25 23:49