06-22-2006, 07:11 PM
Well the tax is deducted at the time of realization of export proceeds. u can realize it from EPZA, Bank, Indenting agent or export house. Those person will deduct tax at the time of payment to u.
and han no deduction is allowed for any expense incurred in deriving income from exports. u will be assessed separately 4 ur income other than exports and u will have to allocate expenses to that other source of income. u will not take into account the expenses of exports. this is the crux of final tax regime.
and han no deduction is allowed for any expense incurred in deriving income from exports. u will be assessed separately 4 ur income other than exports and u will have to allocate expenses to that other source of income. u will not take into account the expenses of exports. this is the crux of final tax regime.
