Being an export only company means we don’t pay sales tax to our transactions as the payment comes as an inward foreign remittance. And this means there is a flow of foreign currency to our country which in turn helps the economy – so the government has relaxed TAX for export companies.
And we pass this TAX waiver to our customers by providing good pricing for the best quality hair in market [I’m talking about companies who sell temple hair and not about the ones who sell non-remy/mix hair from different sources].
When a payment comes through PayPal, all the remittances & the conversion from foreign currency to INR happens within PayPal and we are credited only with the Indian Rupees similar to a domestic purchase. And now our “export company” tag is flagged off. This means we’ll be taxed for the money that comes in though it’s a foreign remittance and yet we’ll sell the hair at competitive pricing scarifying our margin terribly.
So please don’t judge a company blindly by PayPal acceptance. Many of those companies who take PayPal still send cheap hair and close the PayPal account after withdrawing the amount.