CST BENEFITS ON DEEMED EXPORTS

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BHIKHAM CH PERIWAL

BHIKHAM CH PERIWAL (Querist)
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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)
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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)
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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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