Exports
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 October 2015
Sir,
if someone has just started a unit in which the manufacturing of pebbles takes place and they are to be exported. I wanted to know weather the profit earned from dis is taxable under income tax or an exemption is available, if yes for how many years and the percentage of the same.... And what if the sales are also done in local market in future ?
Please Help......
Thank U SO much in advance.....
if someone has just started a unit in which the manufacturing of pebbles takes place and they are to be exported. I wanted to know weather the profit earned from dis is taxable under income tax or an exemption is available, if yes for how many years and the percentage of the same.... And what if the sales are also done in local market in future ?
Please Help......
Thank U SO much in advance.....
Amol S Joglekar
(Expert)
14 October 2015
There are NO any exemption as such for EXPORT turnover as they used to be in 80 HHC time.
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