Sale from Customs Private Bonded Warehouse to 100%Eou / SEZ – GST applicable or not
Query (Issue) Started By: – RAMAKRISHNA M Dated:- 27-10-2017 Last Reply Date:- 3-11-2017 Goods and Services Tax – GST
Got 5 Replies
GST
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
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claiming such refund are yet to be notified.
As far as supply of imported goods to EOUs, you have to pay appropriate gst utilizing the ITC of IGST paid 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
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ipient before despatching goods.
thanks & regards,
Ramakrishna.M
Reply By Rajagopalan Ranganathan:
The Reply:
Sir,
According to rule 89 (2) (g) of CGST 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 sa
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