GST Rate Cuts to 5% from 18% on Ethanol Meant for Blending Under Ethanol Blended Petrol Programme

"The procurement price of ethanol produced from sugarcane-based feed stocks like C and B heavy molasses, sugarcane juice, sugar, sugar syrup are fixed by the Government and from food grain-based feed stocks by Public Sector Oil Marketing Companies on an annual basis," read the written reply. GST Rate Cuts to 5% from 18% on Ethanol Meant for Blending Under Ethanol Blended Petrol Programme.

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