Raw material sold to SEZ unit
This query is : Resolved
15 February 2010
Hi,
Whether Raw materials purchased for manufacture through Advance license and sold as it is to SEZ unit will be treated as Deemed Export?
Whether ED ll be Chargable on the same?
Pls answer with specific provision in the law.
Whether Raw materials purchased for manufacture through Advance license and sold as it is to SEZ unit will be treated as Deemed Export?
Whether ED ll be Chargable on the same?
Pls answer with specific provision in the law.
02 March 2010
As per SEZ Act, all supplies to SEZ from Domestic Area (DTA) is considered as exports hence it is eligible to get Export benefit as well as there is no excise chargeble on it.
However , excise department will not allow to clear goods without any process under Advance License neither to SEZ or Any other party.
visit www.sez-india.net for SEZ Rules.
However , excise department will not allow to clear goods without any process under Advance License neither to SEZ or Any other party.
visit www.sez-india.net for SEZ Rules.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Booth for sales promotion
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Average Cost Of High Quality Diamonds
- Regarding ITR filing with more value than showing in AIS/TIS
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
