Sale against i form to sez unit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 September 2012
Dear Sir,
We want to sale against i form to sez unit
what is the process in excise unit , we are manufactur, pls tell me
i am not setisfy your reply
We want to sale against i form to sez unit
what is the process in excise unit , we are manufactur, pls tell me
i am not setisfy your reply
11 September 2012
Sale of goods to a unit located within the same state is governed by the VAT legislation of the relevant state. In most states, sales of goods to SEZ units are not exempt from VAT. Instead, such sales have been classified as ‘zero-rated’ sales. This implies that sales to SEZ are chargeable to VAT at 0%, and the seller is eligible to avail input tax credit, subject to other prescribed conditions.
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