remove the impurities present in iron ore and
refine its physical properties and value. Iron ore processing involves use of
capital intensive technology which also ... tonnes of iron ore
respectively. Though OP1 produces more than 50% of iron ore in captive
mines category, in India‟s iron ore production
iron ore A very low
grade Iron ore cannot be used in metallurgical plants and needs to be upgraded
to increase the iron content ... thereby segregating Magnetite Ore from the
gangue and converting a crude iron ore into Iron Ore Concentrate Fines
upgrading the iron content to around
context of iron ore should involve both activities i.e.
extraction of iron ore and processing of iron ore. Further the Appellant also
does ... context of iron ore should involve both activities i.e.
extraction of iron ore and processing of iron ore. Further the Appellant also
does
process which acts as the
feeder to the further process for extraction of iron and steel
from iron ore and no other purpose. It certainly ... expressions mean.
Primary Metallurgical Process
Primary metallurgical process refers to the production of metal
from ore, which includes, ore extraction, ore beneficiation,
pelletization or sintering
undisputed fact that the Assessee is engaged in extraction and processing
of iron ore. This issue is duly covered in favour of the Assessee ... word „manufacture‟. The CIT(A) took the view
that the iron ore processing plant at Codli, Amona and Chitradurga do not amount
to either „manufacture
only
concentrated on iron ore mining activity. It was submitted that this is
the first year of mining activity in iron ore for which assessee ... issue as to whether
plant installed for extracting mining and processing iron ore would
qualify for investment allowance held as under:
"9. The reasoning
petitioners that in the
petitioners' plant, raw iron ore can be converted into purified iron ore and
the latter is an intermediary product ... argued that
iron ore itself is to be distinguished from processed iron ore, citing a
judgement of the Supreme Court in the case of National
manufacture of sponge iron for which purpose they undertake the process of crushing and screening of iron ores. During the said process iron ore fines
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
ground that ore berth-1 and ore berth-2 form a
single finger jetty where the loading of iron ore is presently being
carried ... various types
of goods and services. One of them is iron ore. The iron ore may be
a major contributor to the revenue
