10 June 2017
Dear Sirs,
my company is doing industrial catering in sez unit companies. previously we charged 2% vat on food and drink sales. Now is they applicable for Gst?
Thanks in advance.
10 June 2017
As per Section 16(3) of IGST Act, 2017, registered person who supply goods or services to SEZ have following two options 1. If fulfill certain conditions and procedures then dont charge IGST and supply goods or services to the SEZ 2. Charge IGST to SEZ unit and then claim the refund as per prescribed conditions and rules.
Please note that rules are yet to be prescribed for the above.
CAclubindia
