Mumbai Sugar Exports.

[Kishan Barai]

My Mumbai book reader (C= Anil bhai) got order of supply of sugar for exports, now the buyer of sugar is not exporter but he is supplying to B.

B sales against Hform to A (Actual Exporter) now will my friend (C= Anil bhai), will get tax benefit ? or deem export benefit & how much for sugar ?

Thanks in advance

AI Summary

Mumbai Supplier May Miss Out on Tax Benefits for Sugar Exports; Only Final Purchase Qualifies for Deemed Export Benefits A user inquired about the tax benefits for a Mumbai-based supplier involved in a sugar export transaction. The supplier, referred to as C, is selling to a buyer who then supplies to B, who ultimately sells to the actual exporter, A. The question was whether C would receive tax or deemed export benefits. A respondent clarified that only the final purchase before the actual export qualifies for deemed export benefits, suggesting that C may not be eligible for such benefits.