Treatment of excise duty on malasses produced in manufacturing sugar and also treatment when in case it is captively consumed in producing wine?
Whether khandsari sugar and sugar from cane is one and the same thing?
CA RAJEEV (CHARTERED ACCOUNTANT) (54 Points)
30 December 2008Treatment of excise duty on malasses produced in manufacturing sugar and also treatment when in case it is captively consumed in producing wine?
Whether khandsari sugar and sugar from cane is one and the same thing?
CA CS Akashdeep Singh
(Practicing CA)
(1394 Points)
Replied 30 December 2008
Rule 4(2), Procurer of molases is deemed manufacture
Notwithstanding sub rule (1)
Where MOLASES are produced in Khandsari sugar factory,
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961