Whether Raw materials purchased for manufacture through Advance license and sold as it is to SEZ unit will be treated as Deemed Export? Whether ED ll be Chargable on the same?
02 March 2010
As per SEZ Act, all supplies to SEZ from Domestic Area (DTA) is considered as exports hence it is eligible to get Export benefit as well as there is no excise chargeble on it.
However , excise department will not allow to clear goods without any process under Advance License neither to SEZ or Any other party.
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