Exemption to goods imported for renovation and modernisation of fertiliser plants

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....n 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts, - (1) machinery, instruments, apparatus and appliances, as well as components (whether finished or not) or raw materials for the manufacture of aforesaid items and their components, required for renovation or modernisation of a fertilizer plan....

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....the said Department; (b) recommends, in each case, the grant of the aforesaid exemption to the said goods for such scheme; and (c) certifies, in each case, that the goods in respect of which the exemption is claimed are, or will be, required for the purpose specified above; (ii) the value of import of goods specified under clause (2) shall not exceed 10% of the value of import of the good....