expenditure has to be excluded.
Export Turnover and Total turnover:
The “total turnover” has been defined in sections 80HHC and
80HHE only to exclude additional ... turnover”.
Export turnover is a component of total turnover. If the
entire turnover represents export proceeds, then the export
turnover and the total turnover
turnover as a component of total turnover in the
denominator. The reason being the total turnover includes
export turnover. The components of the export turnover ... turnover, when the total turnover includes export
turnover. If what is excluded in computing the export
turnover is included while arriving at the total turnover
export turnover' and 'total turnover' under the Act. As extracted above the term "export turnover" is defined in Expln ... taken into account for determining the turnover. It was therefore, held that the word "turnover" as defined under the Sales-tax Act cannot
computing the export turnover as a component of total
turnover in the denominator. The reason being the total
turnover includes export turnover. 'The components ... turnover, when the total turnover includes
export turnover.
If what is excluded in computing the export turnover is
included while arriving at the total turnover
turnover as a component of total turnover in the
denominator. The reason being the total turnover includes export turnover.
The components of the export turnover ... turnover, when the total turnover includes export
turnover. If what is excluded in computing the export turnover is included
while arriving at the total turnover
they cannot be taken into consideration
for computation of the gross turnover as defined in s. 2 (j)
of the Act for the purpose ... certain class
of dealers, it takes into account his gross turnover as
defined in s. 2 (j) of the Act. It is urged that
total turnover while calculating deduction
under section 80HHC . By looking into the definition of
export turnover and total turnover as defined under
section 80HHC ... country. But total
turnover includes the turnover of the assessee which is
inclusive of export turnover and also the domestic
turnover. Therefore
maintained between export turnover and total
turnover in section 10B just because "total turnover" has not been defined in
that section ... export turnover is a part of the total turnover. The export turnover, in
the numerator must have the same meaning as the export turnover which
other state Acts, the
Bengal Finance (Sales Tax) Act has not defined `turnover'
specifically to include sales made by a dealer whether ... Nadu
General Sales Tax Act, 1959 , the Bengal Act did not define
`turnover' to mean the aggregate amount for which the goods
were bought
assessee.
8. 'Export turnover', 'total turnover' and 'profits of business' have been defined in Explns ... proportion as the export turnover in respect of such goods bears with the total turnover of the goods. Therefore, the turnover should be restricted
