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I would like to know the overall cost of importing wine as well as champagne in Mumbai including licensing, taxes or other duties.

There are factors on which the cost that would be incurred will depend upon. To name a few factors - The country from where you will be importing, the product MRP, the category under which the product falls, etc., 

To give you a brief idea: 

Total cost of importing = Basic Value + Basic Custom Duty 100% + Education Cess 3% + ...

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