Tariff on sale of molasses

[Asked by Guest]

Please let me know the tariff of central excise duty on sale of molasses produced in khandsari sugar mill for use in the manufacture of goods other than alcohol.

[Mehul Pandya]

Excise duty on molasses has been reduced from ₹ 1000 to 750 per MT (S.No. 305 of notification No. 6/2002-CE as inserted by notification No. 16/ 2005-CE refers).

AI Summary

Excise duty on molasses reduced under a tariff notification, affecting sales for non alcohol manufacture.
Excise duty on molasses produced in khandsari sugar mills for use in manufacture other than alcohol has been reduced by amendment to the central excise tariff notification, lowering the per metric tonne duty rate prescribed earlier; purchasers and manufacturers should apply the revised rate from the cited notification.