CST BENEFITS ON DEEMED EXPORTS

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BHIKHAM CH PERIWAL

BHIKHAM CH PERIWAL (Querist)

04 February 2011 Can CST benefits can be taken on Deemed Exports (Deemed Exports as defined Central Excise Laws).

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

04 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)

04 February 2011 PLEASE ALSO READ:-

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

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