New Delhi, Feb. 15 -- Prices of bourbon whiskey imported from the US are expected to reduce significantly in India after the Centre cut its import duty from 150% to 50% amid an India-US mega trade deal. The slashing of customs duty on bourbon whiskey was notified a little ahead of Prime Minister Narendra Modi's talks with US President Donald Trump.

The US accounts for one-fourth of all bourbon whiskey imported into India, becoming the primary exporter for this liquor. According to a Department of Revenue notification, the bourbon whiskey import duty has now been fixed at 50%, down from the earlier 150%.

Two major brands of bourbon whiskey sold in India are Jack Daniels and Jim Beam. Woodford Reserve, Maker's Mark, Gentleman Jack, and Ol...