Sponge iron and hot briquetted iron
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....he Government of India in the Ministry of Finance, Department of Revenue No. 10/86-Customs, dated the 15th January, 1986, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts sponge iron and hot briquetted iron (HBI), falling within Chapter 72 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when imported into India for use....
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