Sub Heading --Lactose and Lactose Syrup :
Ref. Customs Notification No. 21 dt. 01.03.2002 : S.No. 39 - All goods falling under sub heading 1702.11 or 1702.19.
CET Schedule :
Additional duty : a) Palmyra sugar - Nil.
B) Other sugar - 16%
c) Preparations of other sugars - 6%
d) Plain sugar syrups, artificial honey, caramel - 16%
Add 2% on above for Education Cess.
MRP Based Assessment : Valuation for the purpose of additional duty in this heading in case of preparation of sugar and sugar syrups is based on MRP (Maximum Retail Price) declaration on the package. For detail on the method and scope, please see notification and coverage at the beginning of this book. (Ref. Central Excise Tariff Schedule Heading 17.02).
Sugar in this heading is also liable to Cess of Rs. 14 per quintal under the Sugar Cess Act 1982 (3 of 1982).
BIS Licence : Only required for Caramel (Plain), Caramel (Ammonia process), Caramel (Ammonia Sulphite process).