https://www.taxtmi.com/news?id=38967 Imposition of stricter penalties for sugar mills violating monthly stock holding limits effective April 1, 2025: escalating quota deductions for breaches (100% deduction for first instance, then 115%, 130% and 150% for subsequent breaches), restrictions for under-dispatch without intimation, and disqualification from additional releases and scheme benefits from the third violation in a season. Ethanol procurement allocations may be reduced, and deducted quantities will be redistributed to compliant mills to maintain supply and price stability. en-us Fri, 28 Mar 2025 13:31:03 +0530 Fri, 28 Mar 2025 13:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=38967 Imposition of stricter penalties for sugar mills violating monthly stock holding limits effective April 1, 2025: escalating quota deductions for breaches (100% deduction for first instance, then 115%, 130% and 150% for subsequent breaches), restrictions for under-dispatch without intimation, and disqualification from additional releases and scheme benefits from the third violation in a season. Ethanol procurement allocations may be reduced, and deducted quantities will be redistributed to compliant mills to maintain supply and price stability. News - Fri, 28 Mar 2025 13:31:03 +0530 https://www.taxtmi.com/news?id=38967