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of <h1>Board Clarifies Exemption Eligibility for HSD/LDO in Free Trade Zones: Only Direct Manufacturing Inputs Qualify.</h1> Doubts have arisen regarding the eligibility for exemption of High-Speed Diesel (HSD) and Light Diesel Oil (LDO) brought into Free Trade Zones or 100% Export Oriented Units for operating boilers that generate steam used in manufacturing export goods. The Board has clarified that only the quantity of HSD/LDO used as a direct input in the manufacturing of export goods qualifies for exemption. Inputs not directly used in the manufacturing process are not eligible. The determination of what constitutes direct inputs is to be made by Collectors based on the merits of each case.
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