Khandsari molasses produced and stored in the factory of the manufacturer

In this case, duty is not to be paid by the manufacturer but by the purchaser of molasses.

Date of payment of duty is

Date of receipt of such molasses by the procurer of molasses

  1. Indirect Tax
  2. Excise

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 11 years. He also provides Accounts Tax GST Training in Delhi and Pune.