India
CBIC REVISES IMPORT CUSTOMS DUTY ON CANE MOLASSES AND EDIBLE OILS
The Ministry of Finance, Department of Revenue, through the Central Board of Indirect Taxes and Customs (CBIC) issued Notification No. 48 / 2025 Customs dated 14 November 2025 announcing changes to import duty on cane molasses and several categories of edible oils. As per the notification, the government has fully removed customs duty on cane molasses falling under HS code 1703 10 00. This has been done by inserting a new entry under the long-standing exemption Notification 27 / 2011 Customs. This change will benefit distilleries, ethanol producers and food processing firms. It may also help ease raw material shortages during low production periods and support the national ethanol blending programme. (ICE NEW DELHI)
Fonte notizia: CBDT
