Exemption vs zero rate.
This query is : Resolved
CA Talha Rahman
(Querist)
24 April 2014
Are services to SEZ exempted from service tax or to be charged at zero rate? please elaborate the zero rated services.
24 April 2014
Dear Talha,
There are some general exemptions [such as, provision of services to certain specified international organizations such as United Nations and to units in/developers of Special Economic Zones (SEZ)] as well as service category specific exemptions.services to SEZ are exempted from Service Tax.
Exports of services are zero rated not services provided to SEZ. Rules have been prescribed in order to determine what constitutes export of services.
Thanks,
There are some general exemptions [such as, provision of services to certain specified international organizations such as United Nations and to units in/developers of Special Economic Zones (SEZ)] as well as service category specific exemptions.services to SEZ are exempted from Service Tax.
Exports of services are zero rated not services provided to SEZ. Rules have been prescribed in order to determine what constitutes export of services.
Thanks,
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