Export turnover definition excludes freight, telecom, insurance and foreign technical service expenses from qualifying export receipts. For the purposes of section 10A of the Income-tax Act, the Export turnover comprises consideration for export of articles, things or computer software received in or brought into India by the assessee in convertible foreign exchange, and excludes freight, telecommunication charges, insurance attributable to delivery outside India, and expenses in foreign exchange for providing technical services outside India.
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Export turnover definition excludes freight, telecom, insurance and foreign technical service expenses from qualifying export receipts.
For the purposes of section 10A of the Income-tax Act, the Export turnover comprises consideration for export of articles, things or computer software received in or brought into India by the assessee in convertible foreign exchange, and excludes freight, telecommunication charges, insurance attributable to delivery outside India, and expenses in foreign exchange for providing technical services outside India.
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