Export Out of India definition excludes in India shop sales lacking customs clearance from export treatment under tax law. For purposes of income tax export incentives, Export Out of India excludes any transaction by sale or otherwise in a shop, emporium or other establishment ... Summary
Export Out of India definition excludes in India shop sales lacking customs clearance from export treatment under tax law.
For purposes of income tax export incentives, Export Out of India excludes any transaction by sale or otherwise in a shop, emporium or other establishment situate in India that does not involve clearance at a customs station as defined in the Customs Act, thereby precluding domestic in India sales without customs clearance from qualifying as exports.
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