Ankan Mohanty (INTERNAL AUDITOR) (97 Points)
16 July 2012
Srishti Goyal
(Student CA Final )
(21 Points)
Replied 27 September 2014
No, DDB is not taxable as it is not an income, neither is any tangible benefit arising to the assessee.The liability to pay Duty did not exist since the goods were not actually exported.
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