Section 7(1)(a) in Uttar Pradesh Sugar Undertakings (Acquisition) Act, 1971
(a)Subject to the provisions of Cls, (b) and (c), the State Government shall pay as compensation for any sugar stocks comprised in a scheduled undertaking their value, which shall be calculated at the ex-factory market price prevailing immediately before the appointed day, minus basic excise duty and additional excise duty in lieu of sales-tax, leviable thereon.