https://www.taxtmi.com/caselaws?id=67460 Deduction under section 80HHC was confined to goods exported out of India with sale proceeds receivable in convertible foreign exchange, so supplies to ONGC and Oil India Ltd. did not qualify as exports for this purpose. A Ministry of Commerce circular treating such supplies as deemed exports applied only for that ministry's limited purpose and could not satisfy the statutory conditions. In the absence of a CBDT notification bringing such supplies within the provision, the deduction claim failed and was rejected. en-us Tue, 02 Dec 1986 00:00:00 +0530 Thu, 10 Mar 2011 17:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67460 Deduction under section 80HHC was confined to goods exported out of India with sale proceeds receivable in convertible foreign exchange, so supplies to ONGC and Oil India Ltd. did not qualify as exports for this purpose. A Ministry of Commerce circular treating such supplies as deemed exports applied only for that ministry's limited purpose and could not satisfy the statutory conditions. In the absence of a CBDT notification bringing such supplies within the provision, the deduction claim failed and was rejected. Case-Laws Income Tax Tue, 02 Dec 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67460