Freight on export
2,91,003
(ii) Handling charges on
export consignment
20,974
(iii) Interest on export
promotion
77,186
(iv) Expenses on packing ... manufacturer of the export goods paid commission to an agent because the goods had been exported through that agent to the buyers abroad
importation of the goods, provides:-
"20. Re-importation of goods. - If goods
were imported into India after exportation
therefrom, such goods ... exported in execution of one or more export
orders; or for replenishment of duty paid
materials used in the manufacture of such
export goods
cent. thereof relating to promotion of exports
187
(vi)
Export promotion
expenses
1,568
(vii)
Travelling expenses
8,496, 50 per cent. thereof ... capital expenditure nor in the nature of personal expenses, and (ii) that the expenditure should be incurred wholly and exclusively on export promotion
total amount of Rs. 4,46,010. Under the head "Export promotion expenses", deduction of the entire expenditure amounting ... full deduction allowed by the Commissioner in respect of export promotion expenses amounting to Rs. 4,839. The Tribunal raised deduction from 60 per cent
been claimed on the emoluments to the employees in the export promotion department. The court found it appropriate to direct the Tribunal to look into ... examined expenditure on inspection and supervision of export goods, bank charges, cost of excise, revenue stamps and hundi papers and miscellaneous expenditure. All those
period of five years. The said policy provided for importing capital goods by Companies with a licence issued under EPCG (Export Promotion Capital Goods ... placed purchase orders in terms of the policy for procuring the capital goods to be used exclusively for fulfilling the export obligation in April
expenditure, namely, foreign travelling, commission to wool and woollen export promotion council, export promotion and E. C. G. Commission. Weighted deduction was also claimed ... basis. The Assessing Officer allowed weighted deduction on foreign travelling and export promotion expenses. The claim for weighted deduction was declined by the Assessing Officer
sale outside India of such goods, services or facilities ; . . .
(vii) travelling outside India for the promotion of the sale outside India of such goods ... purposes of promoting export sales. Commission and service charges had been paid to the foreign agents because they had obtained orders for exports and had publicized
located in the free trade zones/export
processing zones or 100% export oriented units are
deemed to be exports, the appellant is not entitled ... deemed
export" is only a legal fiction used in the Import
Export Policy in contradistinction to physical
export so that certain consignments made from
during the period 1995-1996, the first respondent introduced an "Export
Promotion Capital Goods (E.P.C.G.) Scheme. The Scheme envisaged exemption ... equipment, it
should fulfil the export obligation equivalent to six times the CIF value
of the goods which had been imported on FOB basis
