Description
The International Commercial terms are widely used , by different nations for international trade.
Known as INCOTERMS these terms get modified from time to time.
We provide here the INCOTERMS 2010 for the benefit of all those who use it
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TURNOVER
WHAT DOES THE TERM TURNOVER INCLUDE?
Turnover means the aggregate amount of purchase or sales.
WHAT IS TAXABLE TURNOVER AND HOW IS IT COMPUTED?
The turnover liable to tax, i.e. total turnover as reduced by the following:
• Specified adjustments, like
• Goods...
INDIA’S IMPORT AND EXPORT
Products which India mainly Imports:
Fertilizers
Petroleum Crude and
Products
Pearls, Precious and semi- precious stones
Capital Goods
Organic and Inorganic
Chemicals
EXPORTS
Plantation Crops
Agriculture and allied products
Ores and...