Is payment made by a Japanese tourist for goods purchased in India included/excluded in domestic income of India?
Is payment made by a Japanese tourist for goods purchased in India included/excluded in domestic income of India?
Anurag Pathak Changed status to publish December 9, 2023
Yes,
purchase of goods by foreign tourists will be included in the domestic income as goods purchased by the tourist is the expenditure made by him in India. So, these are exports produced within the domestic territory.
Anurag Pathak Changed status to publish December 9, 2023
