Government imposes 50 per cent export duty on molasses extracted from sugar refining

According to the government notification released on January 15, the Centre has imposed a 50% export duty on molasses resulting from the extraction or refining of sugar. The duty will be in place from January 18, it said. Earlier, ChiniMandi had reported that the government is contemplating a duty on molasses exports to boost supplies … Continue reading Government imposes 50 per cent export duty on molasses extracted from sugar refining