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Exim Policy (01/04/2002 to 31/03/2003)
PARA 9.42
PARA 9.42
"Raw material" means:
(i) basic materials which are needed for the manufacture of goods, but which are still in a raw, natural, unrefined or unmanufactured state; and
(ii) for a manufacturer, any materials or goods which are required for his manufacturing process, whether they have actually been previously manufactured or are processed or are still in a raw or natural state.
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