selling of iron and manganese ores. According to him, the
assessee raises from mines iron ores lumps & fines with varying iron (Fe) content.
Page ... processed.
Further the processed ore is required to be segregated according to the sizes and for
such purpose the processed ore called as "lumps
Sarda Mines Pvt. Ltd.
average sale price of iron ore and the total production of iron ore in the
whole state of Orissa and nothing ... resources of iron ore (Hematite) in India is
estimated.
(iii) Calibrated Lump Ore (CLO)
This category of lump ore is obtained after processing/crushing
convert iron ore into iron ore concentrates as no special treatments are undertaken by them nor Fe content increases after the processes undertaken by them ... name, character or use. The use of iron ore as mined or iron ore after the process undertaken by the respondents remains same that
substantially interested. It is into the business of
extraction of iron ore, processing the iron ore and trading in
the same. Further assessee owns windmills
last one was blending of the ore from different stock piles with a view to produce iron ore of the required specifications and loading ... case (supra), wherein the Court equated the blending process of iron ore with the blending of different grades of tea. However, the Court clarified that
iron ore did not amount to "manufacture".
However, it came to the conclusion that extraction of iron
ore and the various processes would ... processing of iron ore did not amount to manufacture. But,
however, the High Court concluded that after extraction of iron
ore, various processes involve production
Bmm Ispat Limited, Hospet vs Dcit, Bangalore on 10 April, 2018
IN THE INCOME TAX
fact that the assessee was engaged in
extraction and processing of iron ore, not amounting to
manufacture or production of any article or thing ... iron ore did not
amount to "manufacture". However, it came to the conclusion
that extraction of iron ore and the various processes would
ore processed by mechanical screening or crushing and screening through dry process or mechanical crushing, screening, washing and classification through wet process.
(viii) Iron ore ... concentrates processed through crushing, grinding or magnetic separation.
(ix) Agglomerated iron ore.
(x) Cut and polished minerals and rocks including cut and polished granite.
Explanation
royalty on iron ore by
itself and quantifiable as run of mine (ROM). Parliament is
conscious of the fact that iron ore shall have ... iron ore as run of
mine and quantifiable on per tonne of iron ore, that is,
tonnage of iron ore as such. Parliament has chosen
