Zero Rated Supplies to EOU\/SEZ
Query (Issue) Started By: – Rakesh Agarwal Dated:- 12-12-2017 Last Reply Date:- 20-12-2017 Goods and Services Tax – GST
Got 5 Replies
GST
Dear Sir,
\nWe are manufacturers & want to supply goods to EOU\/SEZ without charging them IGST. In earlier pre-GST regime, we used to supply against CT3. Is there any provision for EOU\/SEZ for the same ?
\nBest Regards
\nRakesh
\nReply By Somil Bhansali:
\nThe Reply:
\nAs per section 16(3) of the IGST Act supplies to SEZ will be considered as zero rated supplies.Zero rate supplies can be made with or without payment of tax.Therefore in case of supplies to SEZ supplier can supply without payment of tax and claim refund of accumulated credit.
\nHowever supply to EOU is con<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n to set up a EOU in a Export Promotion Park at Mangalore, Karnataka. What is the Form-A mentioned in the earlier reply that I need to give my machine manufacturer for me to obtain the machinery at 0% tax? = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n nal data fields, as per their commercial requirements. All recipient units are required to enter data accurately and immediately upon the goods being received in, utilized by or removed from the said unit. The digital records should be kept updated, accurate, complete and available at the said unit at all times for verification by the proper officer, whenever required. A digital copy of Form – B containing transactions for the month, shall be provided to the jurisdictional GST officer, each month (by the 10th of month) in a Pen drive, as convenient to the said unit. The above procedure and safeguards are in addition to the terms and conditions to be adhered to by an EOU \/ EHTP \/ STP \/ BTP unit in terms of the Foreign Trade Policy, 2015-20 a<\/p>\n = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Zero Rated Supplies to EOU\/SEZ Query (Issue) Started By: – Rakesh Agarwal Dated:- 12-12-2017 Last Reply Date:- 20-12-2017 Goods and Services Tax – GSTGot 5 RepliesGSTDear Sir, We are manufacturers & want to supply goods to EOU\/SEZ without charging them IGST. In earlier pre-GST regime, we used to supply against CT3. Is there any provision … Continue reading “Zero Rated Supplies to EOU\/SEZ”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-9370","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/9370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9370"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/9370\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nI have given an 30% export obligation Bond to the Karnataka State Industrial Development Board.
\nReply By Kishan Barai:
\nThe Reply:
\nThe recipient EOU \/ EHTP \/ STP \/ BTP unit shall give prior intimation in a prescribed proforma in “Form-A” bearing a running serial number containing the goods to be procured, as pre-approved by the Development Commissioner and the details of the supplier before such deemed export supplies are made. The registered supplier thereafter will supply goods under tax invoice to the recipient EOU \/ EHTP \/ STP \/ BTP <\/p>\n
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