buyer and the seller to export, there must be obligation to export, and there must be an actual export. The obligation may arise by reason ... buyer and the seller to export;
b. There must be an obligation to export;
c. Sale and export are so integrated that the connection between
fold - firstly, not assessing
the bank interest on short term export surplus deposits as 'Business
income', and secondly, the assessee is aggrieved ... considered
view that the interest earned on short term export surplus deposit has
24
to be treated as 'Business income" for the purposes
questionnaire response, participating exporters from
Indonesia have surplus capacity. In addition to the
existing surplus capacity, these exporters have further
plan for expansion of capacity ... markets for the surplus capacity,
it follows that the surplus capacity is likely to be used for
production of goods for export to the Indian
under consideration was
engaged in export business only and Indian sales were only on account of
sale of export surplus and sale of semi finished ... assessee. Indian sales of R.M. Exports
given above are mainly on account of sales of export surplus and sale of
semi finished products which
waste-to-energy projects with captive consumption in project premises and export of surplus power to grid for sale. Standard PPA format provided the following ... July 2002 to April, 2003 the first Appellant purchased the entire surplus electricity exported by the second Respondent and made payments without demur. This conduct
energy by GRIDCO
outside the State (termed as export)
The GRIDCO exported certain quantity of surplus power
outside the State. In the ARR of GRIDCO ... export sales and has instead left a huge gap of
Rs. 464.86 crores to be bridge by the revenue from such
export of surplus power
project at Munavalli Village, Saundatti Taluk,
Belgaum District with 15 MW surplus exportable capacity ("Project").
Appeal No. 324 of 2013 Page
Bechtel India Pvt. Ltd., New Delhi vs Assessee on 14 October, 2015
ITA No.882
this behalf, the reasons for parallel operation
include:-
(i) To export surplus power from the CPP either to another unit or
factory of the captive
prices being charged. The OP
also stated that only surplus quantities are exported by it, that too under an
Memorandum of Understanding ... argued that it prioritises domestic demand over exports and only
exports surplus material, that too only from the OSCOM unit. Further
