More Honeyed taxation of honey introduced w.e.f. 18-03-2016, by making unbranded honey, sale of capital goods, containers for packing of unbranded honey and beeswax used in beekeeping for production of honey tax free. Unbranded Honey was taxable @ 6.05% under entry 48 At present, Branded Honey when sold in retail packing less than 10Kg/10Lt is subject to first point taxation @ 6.88% on first sale and tax free in the hands of subsequent dealers and hence no ITC is available to subsequent buyer. However branded honey when sold in retail packing of 10Kg/10Lt and above is eligible for ITC on subsequent sale. Beeswax before this notification was taxable @ 6.05% under Entry 4 of Industrial Inputs. Bees wax is the wax secreted by bees to make honeycombs and used to make wood polishes and candles. However notification displayed on pextax.com only on 02-04-2016.