| 80. Raw materials and manufacture.M.VAT RULES | |
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80. Raw materials and manufacture.
For the purposes of the rules relating to the Package Schemes of Incentives,
(a) the expression ‘raw materials’ shall mean components, intermediate goods, consumables, stores, lubricants, fuels of all types, news print, which are used in the process of manufacture of any goods including newspapers and packing materials used in the packing of the said goods and in respect of the units dealing in iron and steel as described in section 14 of the Central Sales Tax Act, 1956 shall include natural gas used both as fuel and raw materials.
(In rule 80 in clause (a), for the words "and packing materials which are used in the packing of manufactured products ", the words "of any goods including newspapers and packing materials used in the packing of the said goods" are substituted w.e.f. 1st April 2005 by Notification No. STR-1506/CR-38/Taxation-1 Dt.08.09.2006)
(b) the expression ‘manufacture’ or its cognate expression when used in respect of units certified by the State Industrial and Investment Corporation of Maharashtra Limited (SICOM) or, as the case may be, the Directorate of Industries (but not in respect of units certified by any other implementing agency) shall include the following processes,-
(i) conversion of hot rolled sheets/strips into cold rolled sheets/strips,
(ii) conversion of steel sheets/strips into galvanised sheets/strips,
(iii) conversion of thicker gauges of iron and steel sheets into thinner gauge of iron and steel sheet,
(iv) drawing wire from wire rods or galvanising wire,
(v) giving heat treatment, threading and casing of seamless pipes,
(vi) processing of un-wrought, semi manufactured or concentrated forms of gold and silver into refined bullion.
(c) the expression "manufacture" or its cognate expression when used in respect of units certified by SICOM, or the Directorate of Industries, or as the case may be, the District Industries Centre shall include the following processes:
(i) Ginning of seed cotton in order to separate seed and cotton lint;
(ii) conversion of ginned cotton to baled cotton;
(iii) preparing butter from cream ;
(iv) preparing ghee from butter
(The above clause (c) is inserted w.e.f. 01.04.2005 by Notification No. STR-1506/CR-38/Taxation-1 Dt.08.09.2006)
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