RCM applicability for SEZ under GST
Query (Issue) Started By: – Velayutham Panchatcharam Dated:- 16-8-2017 Last Reply Date:- 13-9-2017 Goods and Services Tax – GST
Got 13 Replies
GST
Dear Experts,
\nCan anybody explain the applicability of RCM for SEZ Developers \/ Units as SEZ is coming under IGST?
\nRegards
\nPanch
\nReply By KASTURI SETHI:
\nThe Reply:
\nSupply of goods or service to SEZ is export out of country. Export is zero rated. So question of RCM for SEZ arises in your mind ?
\nReply By RameshBabu Kari:
\nThe Reply:
\nDear sir,
\nIf registered SEZ unit purchases goods\/services from unregistered person, does this same like normal case ?
\nReply By KASTURI SETHI:
\nThe Reply:
\nTreat the exported goods as GST paid. If unregistered perso<\/p>\n
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\nReply By KASTURI SETHI:
\nThe Reply:
\nYes I agree with you. Zero rate of GST is also a rate of GST. It is one of the five slabs. Hence in this context we can say exported goods are to be treated as GST paid. SEZ is with in ambit of GST.
\nReply By Velayutham Panchatcharam:
\nThe Reply:
\nDear Experts,
\nThanks for your valuable reply and clarifications. So based on the above, RCM is not applicable for SEZ whether supply from DTA by registered or unregistered dealer. Please correct me if I am wrong.
\nRegards
\nPanch
\nReply By Kishan Barai:
\nThe Reply:
\nGreat reply by all experts but let me make one clarification that Exports Business does not require mendatory GST registration. One can export goods \/ Supply goods to<\/p>\n
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