purchase from a special economic zone(SEZ)
This query is : Resolved
03 January 2011
If a manufacturing enterprise(in India) make purchase from a special economic zone(SEZ)in India then should it be recognized as imported purchase. Moreover the bill of entry is also on company's name. The transaction is in INR.
tell me under which act, rule, notification etc. it will be covered.
tell me under which act, rule, notification etc. it will be covered.
04 January 2011
Supplies from SEZ to DTA is treated as import by DTA unit. section 29 provides that removal of goods from SEZ will be subject and condistion as my be prescribed in Rules.
Section 309a) of SEZ act provides condition.
Section 309a) of SEZ act provides condition.
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