https://www.taxtmi.com/circulars?id=5268 The Board clarifies that when rough granite is cut into dimensional blocks of uniform colour and size, it undergoes mechanical processing, dressing and polishing that remove natural flaws and constitute value addition; accordingly, profits from export of such dimensional granite blocks qualify for deduction under section 80HHC of the Income tax Act. en-us Wed, 01 Nov 1995 00:00:00 +0530 Mon, 22 Sep 2008 10:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5268 The Board clarifies that when rough granite is cut into dimensional blocks of uniform colour and size, it undergoes mechanical processing, dressing and polishing that remove natural flaws and constitute value addition; accordingly, profits from export of such dimensional granite blocks qualify for deduction under section 80HHC of the Income tax Act. Circulars Income Tax Wed, 01 Nov 1995 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5268