central sales tax on sez unit

Save Share

This query is : Resolved

JAGAN NATH RAO (Querist)

15 February 2011 consignor deliver the material to consignee located in sez unit should be exempt from central sales tax ?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

15 February 2011 No CST if sale to SEZ - Sections 8(6), 8(7) and 8(8) have been incorporated to provide that inter state sale made to a unit in SEZ (Special Economic Zone) will be exempt from CST. The purchasing dealer has to submit a declaration in prescribed form. Consequential amendment is made by inserting section 13(1)(aa) to authorize Central Government to make rules to provide form and manner of furnishing declaration u/s 8(8). [CST Rule 12(10)(a) has have been subsequently amended on 16-1-2003. It is provided that SEZ unit will supply H form duly countersigned and certified by authority specified by Central Government authorizing establishment of unit in SEZ, - Development Commissioner is the authority to allow setting up of SEZ unit]

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

15 February 2011 you are request to please also read this link:-

https://www.caclubindia.com/share_files/comprative-incentive-among-sez-eou-and-general-unit--23721.asp

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now