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(i), (ii), (iii), (iv)  Explanation: For the purposes of this Notification:

(i), & (ii) .

(iii) Materials means 

(a) raw materials, components, intermediates, consumables and parts used in the manufacture of resultant product;

(b) packaging materials required for packing of resultant product; and

(c) fuel.

7.7 It can be seen from the above reproduced General Exemption Notification No. 90/2004-Cus, the benefit can be availed by an importer for the materials imported under DFRC licence, even if it is an intermediate. In the case in hand, there is factual findings that the goods imported, i.e crude palm oil (edible grade) requires refining before it can be put to use for the manufacturing of biscuits, it would get covered under the category of materials as an intermediate. If that be so, the benefit of Notification No. 90/2004 cannot be denied to the assessee.