Sale to sez as trader

This query is : Resolved

sujay shroff (Querist)
Follow

18 July 2013 dear experts,

i am a trader situated in tamil nadu. my transaction will be as follows :
1. i will purchase from a manufacturer in tamil nadu
2. and then sell to a SEZ unit in andhra pradesh.

i had a few clarifications in the above transaction :
1. during purchase from manufacturer in tamil nadu do i have to pay vat
2. during sales to sez can i claim duty draw back?.

i would appreciate your reply in this matter and also i am looking for a consultant for this matter.

rgds / shujay l

Prakash Kochar

Prakash Kochar (Expert)
Follow

21 July 2013 You will be entitle to claim setopff of taxes paid on purchases effected within Tamilnadu. There is no tax if interstate sales are effected to a SEZ unit againt I form.

sujay shroff

sujay shroff (Querist)
Follow

22 July 2013 thanks your response. how can i set off taxes paid on purchases effected within tamil nadu?. rgds / shujay l

Prakash Kochar

Prakash Kochar (Expert)
Follow

24 July 2013 Consult local adviser well conversant with subject. I am from Maharashtra, prov. of different states varies.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok