SEZ Provision for consumption at SEZ on GST
Query (Issue) Started By: – Manish Tailor Dated:- 12-10-2017 Last Reply Date:- 13-10-2017 Central Excise
Got 6 Replies
Central Excise
Hi Support,
I have two queries:-
Number : – 1
Can you please help me out by sharing the provision ACT as per below example.
A supplier from state (Rajasthan) is delivering material at SEZ unit which is also in the same state (Rajasthan).
The ship to address is SEZ ( Rajasthan) and bill to address is Alwar ( Rajasthan) of material.
Ship to (Material Delivery Only)
Bill to party name
Supplier
Location
SEZ (Jaipur, Rajasthan)
Alwar (Rajasthan)
Jaipur Rajasthan (Outside SEZ)
My queries are:-
* What will be applicable on TAX INVOICE i.e. CGST/
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ection 16 of IGST Act.
* Supplies made to an SEZ unit or a SEZ developer are zero rated.
* The supplies made to an SEZ unit or a SEZ developer can be made in the same manner as supplies made for export:
* The option of payment of IGST under claim of refund;
* Or Can be done under bond or LUT without payment of any IGST.
* The above is my opinion
Reply By KASTURI SETHI:
The Reply:
I support the views of Raja Swaminathan, Sir. LUT is meant for safeguarding Govt. revenue and nothing else. LUT is a very important legal document. It binds an assessee to pay Govt. dues, if any untoward incident happens due to natural cause or human error, mishap etc.
Reply By Manish Tailor:
The Reply:
Agreed Sir,
Can consumables i.e Biscuits, paper
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