Dear friends
Please help me we run iron ore beneficiation plant and under section 4 of the rule 4/2006 all ores are exmpted from excise duty but we buy low grade iron ore and convert it to high grade iron ore Does this amount to manufacturing but we purchase and sell IRON ORE itself so please advise me if this item is excempted from Excise duty
also if there were any amendments to this rule at later stages
shashi Kant Gupta
CAclubindia
