Exemption of Excise on Ethanol from Local Vandor, Goods and Services Tax - GST

[SURESH PATEL]

Dear Sir,

Our unit is Established IN SEZ, & We are manufacturer of API Bulk drug, and its a new unit and first time going to purchase Ethanol from local vendor for manufacturing API and using as raw material.

The questing is, is there Imposed Excised duty? if exmpted, which section or rule or any notifications?

Pl provide notification.

If there excise duty ..what is the percentage?

Pl reply,

Thanks..

Suresh

Posts / Replies

[KASTURI SETHI]

Ethanol falls under HSN 2207 20 00 attracting GST @18% (9+9).

Case law regarding classification is given below:

2016 (340) E.L.T. 535 (Tri. - All.) = 2016 (8) TMI 386 - CESTAT ALLAHABAD BAJAJ HINDUSTHAN SUGAR LTD. Versus COMMISSIONER OF C. EX., LUCKNOW