What tax benefits in income tax do we get if export from India? Is there any exemption or deduction available for exports from India. Also will there be any additional benefit if there is 100% export turnover and no local turnover?
11 December 2016
No benefit available under Income tax even if you have 100% of turnover/revenue from Export. If you are an EOU then you can available exemption as provided in section 10B
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