respondents to withdraw the imposition of Ecological Sustainability
Charge on export of surplus timber and allied products from the State of
Tripura.
3. The fact ... exporting from Tripura to other parts of the country through railways
thereby no timber can be exported outside the State except "surplus
timber
assessee had not
taken into consideration the reserves and surpluses of M. K.
Shah Exports Ltd. as on the dates of loan ... assessing officer failed to
include the reserve and surplus of M. K. Shah Exports Ltd. with
that of Safari Capitals Pvt. Ltd. for the aforesaid
aforesaid formations and splits, the State of west Bengal
became exporter of surplus electricity to other states after meeting its own
demand and surplus power
Capital goods and spares that have become obsolete/
surplus, may be exported or transferred to SEZ unit,
transferred to another EOU/EHTP ... Surplus/unutilised goods, Condition No.25
reads as follows:
"25. Sale of surplus/unutilised goods:
25.1 EOUs are allowed to sell surplus/unutilized goods
Crores and the reserves and surplus were Rs. 350.34
Crores, thus total surplus funds of Rs. 353.31 Crores.
As compared to this the investment ... Crores and the reserves and surplus were Rs. 378.31
Crores, thus total surplus funds of Rs. 381.28 Crores.
26
ITA No.566/Mum/2020
export oriented units in Special Economic
Zones. The Hon'ble High Court ultimately held that interest income
earned on temporary parking of surplus funds ... part of export business activity. Hence, cannot be de-linked
from the profits and gains derived by the undertaking from the export
of articles
Nidhi Kapoor vs Principal Commissioner And Additional ... on 21 August, 2023
Author: Dharmesh Sharma
Bench
within the country and also to import and export of food grains when
there is surplus and scarcity as entrusted by the Government of India
source purchase of Rabipur vaccine by
Assessee and balance surplus production 15-20% went in exports to
German associate, Chiron Behring GMBH. Assessee also undertakes ... lower rate than Rs.127/-:
l) export and domestic sale prices cannot be compared because
exports is not a core and focus area of business
source purchase of Rabipur vaccine by
Assessee and balance surplus production 15-20% went in exports to
German associate, Chiron Behring GMBH. Assessee also undertakes ... lower rate than Rs.127/-:
l) export and domestic sale prices cannot be compared because
exports is not a core and focus area of business
