Misclassified and Penalized: How US Companies Stumble on India's Excise Duty Schedule Before They Ever Turn a Profit
For US businesses entering the Indian market, product misclassification under India's excise duty framework is one of the most expensive and least anticipated compliance failures. Penalties, back taxes, and delayed market entry can quietly erode margins before a single rupee of profit is realized. RajExcise Advisors examines why this happens, which product categories carry the highest risk, and what US executives must verify before signing their first Indian supply agreement.