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The Standard Input-Output Norms for Engineering products in the
Handbook of Procedures contain Entry C-478 which relates to ferro
molybdenum and Entry C-1932 which relates to iron ore including
processed iron ore.
4. In exercise of the powers conferred by Section 25 of the
Customs Act, 1962 the Union Government issued an exemption
notification (.32 of 2005) on 8 April 2005 to provide for an
exemption from the payment of customs duty on goods imported
VBC 5 wp4499.07-14.6
into India against a duty credit certificate issued under the Target
Plus Scheme in accordance with paragraph 3.7 of the Foreign
Trade Policy. The explanation to the notification stipulates in
clause (1) that goods for the purpose of the notification would
mean "any inputs, capital goods including spares, office equipment,
professional equipment, office furniture and agricultural products
listed in Chapters 1 to 24 of the First Schedule to the Customs
Tariff Act as may be notified by DGFT from time to time which are
freely importable under the Foreign Trade Policy. The definition of
the expression "goods" in the Customs' notification is thus pari-