https://www.taxtmi.com/caselaws?id=177712 A Domestic Tariff Area unit later approved as a 100% Export Oriented Unit can claim deduction under section 10B from the year of EOU approval, provided the statutory conditions are met. The Gujarat HC relied on CBDT Circular No. 1 of 2005, treating it as clarificatory and binding on the Department, and held that the deduction is limited to exports made after such approval. The conversion of an existing unit did not, on these facts, defeat eligibility merely because the business had earlier operated in the domestic tariff area. en-us Tue, 18 Oct 2011 00:00:00 +0530 Fri, 15 Jan 2016 16:14:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177712 A Domestic Tariff Area unit later approved as a 100% Export Oriented Unit can claim deduction under section 10B from the year of EOU approval, provided the statutory conditions are met. The Gujarat HC relied on CBDT Circular No. 1 of 2005, treating it as clarificatory and binding on the Department, and held that the deduction is limited to exports made after such approval. The conversion of an existing unit did not, on these facts, defeat eligibility merely because the business had earlier operated in the domestic tariff area. Case-Laws Income Tax Tue, 18 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177712