https://www.taxtmi.com/caselaws?id=15014 HC held that for computing deduction under section 80HHC, sales tax and excise duty are excluded from total turnover. Export turnover (numerator) expressly omits freight, insurance, excise and sales tax, and including these in the total turnover (denominator) would distort the proportionate profit formula and reduce the export relief. Turnover for section 80HHC is limited to receipts containing an element of profit (actual sale price); statutory levies shown as liabilities cannot be included. Appeals dismissed. en-us Tue, 08 Aug 2000 00:00:00 +0530 Tue, 07 Oct 2025 08:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15014 HC held that for computing deduction under section 80HHC, sales tax and excise duty are excluded from total turnover. Export turnover (numerator) expressly omits freight, insurance, excise and sales tax, and including these in the total turnover (denominator) would distort the proportionate profit formula and reduce the export relief. Turnover for section 80HHC is limited to receipts containing an element of profit (actual sale price); statutory levies shown as liabilities cannot be included. Appeals dismissed. Case-Laws Income Tax Tue, 08 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15014