Eximkey - India Export Import Policy 2004 2013 Exim Policy

DEFINITIONS

9.49

“Raw material” means:

(i) basic materials which are needed for manufacture of goods, but which are still in a raw, natural, unrefined or unmanufactured state; and

(ii) for a manufacturer, any materials or goods which are required for his manufacturing process, whether they have actually been previously manufactured or are processed or are still in a raw or natural state.



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