ITC under APVAT - SEZ Sales

A. Kiran Kumar (Manager - Indirext Taxation)   (156 Points)

23 June 2009  

Dear Sirs,

Sales to the units located in Special Economic Zones are Zero rated Sales (u/s. 2(47) of the APVAT Act, 2005), and shall not be eligible for Input Tax Credit under Section 8(c) and 13(5)(d) of APVAT Act, 2005.

Kindly confirm the same with your valuable comments / clarifications.

Thanks in advance