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.....

Amol S Joglekar

Amol S Joglekar (Expert)
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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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