Goods and Services Tax – Started By: – RAMAKRISHNA M – Dated:- 27-10-2017 Last Replied Date:- 3-11-2017 – We are having Customs Private Bonded Warehouse and Items are importing from Italy. While Selling these imported items from Customs Private Bonded Warehouse to 100%Eou / SEZ – GST applicable or not.It is like Bonded Warehouse to Bonded Location. If it is exempted, under which notification.Kindly share the same.Thanks & regards,Ramakrishna.M – Reply By Rajagopalan Ranganathan – The Reply = Sir, According to Section 16 of IGST Act, 2017 supply of goods or services or both to a Special Economic Zone developer or a Special Economic Zone unit are zero rated supply. A registered person making zero rated supply to a Special Economic Zone d
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id on imported goods (that is, CGST and SGST if your warehouse and receiver of the supply are located in the same state or IGST if your warehouse and receiver of the supply are located in different state). If the EOU utilise the goods supplied by you in the manufacture of export goods then the EOU can claim the refund of unutilised ITC. – Reply By Rajagopalan Ranganathan – The Reply = Sir, In continuation of my reply dated 27.10.2017 in respect of supplies made to EOU will be treated as deemed export as Notification No. 48/2017-Central Tax dated 18.10.2017. The third proviso to rule 89 (1) of CGST Rules, 2017 is amended by Notification No. 47/2017-Central Tax dated 18.10.2017 as under: – Provided also that in respect of supplies regarded as
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GST Rules, 2017 a statement containing the number and date of invoices along with such other evidence as may be notified in this behalf, in a case where the refund is on account of deemed exports. Notification 49/2017-Central Tax dated 18.10.2017 the following documents are to be enclosed with the refund claim as evidence:- S. No. Evidence (1) (2) 1. Acknowledgment by the jurisdictional Tax officer of the Advance Authorisation holder or Export Promotion Capital Goods Authorisation holder, as the case may be, that the said deemed export supplies have been received by the said Advance Authorisation or Export Promotion Capital Goods Authorisation holder, or a copy of the tax invoice under which such supplies have been made by the supplier, dul
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