turnover”.
Export turnover is a component of total turnover. If the
entire turnover represents export proceeds, then the export
turnover and the total turnover ... denominator as well
because export turnover is always a component of total
turnover.
Export Turnover/Total Turnover/Business:
Form 56F prescribes the report under Section
render services to various exporters as
regards inspection and certification of quality of the items sought to be
exported. The total turnover for the purpose ... appellant to inspect the goods to be exported,
held that the professional services rendered to the exporters involving skill
and knowledge did not constitute
amounting to Rs.1,54,68,811, in the total turnover
while arriving at export profits under Section 80HHC ... learned counsel, the word "turnover" includes all
receipts from sale of goods and not from sale of services.
According to learned counsel
shall be allowed in cases where the goods exported out of
India are subjected to export duty:
Provided also that no refund of input ... that purpose. Rule 89(4) relating to export adopts pro-rata
of export turnover to total turnover as the basis. Rule 89(5) is similarly
companies, namely :
1. Mahindra & Mahindra Financial Services Ltd.
2. Mahindra Exports Ltd.
3. Mahindra Steel Services Centre Ltd.
4. Mahindra Fort India ... parts, farming equipments, chemicals, hotels, real estate,
exports, computer software and computer systems, etc. The annual turnover
of the plaintiff and some of its group
issue of export sales, it is necessary to
understand the true import and expanse of the expression 'turnover'
occurring in clause ... Should the export sales be included in
turnover? These are the questions to which this Court has to
address itself.
5.7 'Turnover
State Of Kerala And Ors vs Maharashtra Distilleries Ltd. And Ors on 6 May, 2005
dealer
might be liable to sales tax at different rates on the
turnover of the different goods dealt ... person is entitled to carry on business as auction-
eer, dealer or exporter of cardamom except under and in
accordance with the terms and conditions
Gordhandas Lalji vs B. Banerjee & Ors on 7 April, 1958
Equivalent citations: AIR 1958
selling dealer may
not be able to claim the deduction from gross turnover.
(v) Learned senior counsel also relied upon the judgment of the
Court ... claim for imposition of
Goods and Services Tax, the Court of Appeal held that there
was no export of service for GST purposes.
36
Arguments
