Classification of biodiesel affirmed as an oleochemical based on its derivation from vegetable oils or animal fats. Clarifies that 100% biodiesel (B100) is classified as an oleochemical because it is derived from vegetable oils or animal fats; the notice refers stakeholders to the Board instruction endorsing that classification for trade and excise treatment.
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Classification of biodiesel affirmed as an oleochemical based on its derivation from vegetable oils or animal fats.
Clarifies that 100% biodiesel (B100) is classified as an oleochemical because it is derived from vegetable oils or animal fats; the notice refers stakeholders to the Board instruction endorsing that classification for trade and excise treatment.
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