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India Imposes 50% Duty On Molasses Exports To Secure Domestic Needs

India Imposes 50% Duty On Molasses Exports To Secure Domestic Needs
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Farmers, mills anxiously waiting for cane SAP

Farmers and sugar industry, for different reasons, are anxiously waiting for the announcement of the State Advised Price (SAP) of sugarcane for the 2023-24 cane crushing season, which commenced over two months ago.

The Uttar Pradesh government had last hiked the SAP of sugarcane in 2021-22 ahead

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UP dithers over cane price, farmers hope for big hike in poll year

Sugar mills worry over diversion to higher-paying gur-making units

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A win for fuel blending as govt weighs molasses export levy

India doesn’t currently levy an export duty on molasses, a by-product of the process of refining sugarcane into sugar, and a key ingredient in the production of ethanol, a biofuel.

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India's Oct-Nov sugar output down 11 pc to 4.32 mn tonne: NFCSFL - Economy News

India's Oct-Nov sugar output down 11 pc to 4.32 mn tonne: NFCSFL - Economy News
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sugar output: India's Oct-Nov sugar output down 11 pc to 4.32 mn tonne: NFCSFL

India's sugar production has decreased by 10.65% to 4.32 million tonnes in the first two months of the 2023-24 season compared to 4.83 million tonnes in the same period last year, according to the National Federation of Cooperative Sugar Factories Ltd (NFCSFL).

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Latest News | India's Oct-Nov Sugar Output Down 11 Pc to 4.32 Mn Tonne: NFCSFL

Get latest articles and stories on Latest News at LatestLY. India's sugar production was down by 10.65 per cent at 4.32 million tonne during October-November, the first two months of the ongoing 2023-24 season, cooperative body NFCSFL said on Friday.
Latest News | India's Oct-Nov Sugar Output Down 11 Pc to 4.32 Mn Tonne: NFCSFL.

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India's GST Council to mull exempting distilled alcohol used to make liquor from tax - source

India's Goods and Services Tax Council will discuss exempting distilled alcohol used to manufacture liquor from the indirect tax at its meeting on Oct. 7, according to a source....
-October 05, 2023 at 06:59 am EDT
- MarketScreener

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GST Council to mull exempting distilled alcohol used to make liquor from tax

High distilled or extra neutral alcohol contains 95% alcohol by volume and is used for producing liquor and for industrial purposes.

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GST Council likely to exempt distilled alcohol used to make liquor from tax

GST Council likely to exempt distilled alcohol used to make liquor from tax
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