SEZ

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Querist : Anonymous

Querist : Anonymous (Querist)

22 June 2011 If A(SEZ) import from B(foreign), whether A need to pay import duty or not.

If C(Indian CO.) import from B(foreign), and A(SEZ) purchase from C, whether C needs to pay import duty to clear the goods.

Pls advise

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

22 June 2011 If A(SEZ) import from B(foreign), whether A need to pay import duty or not.
REPLY:-

SEZ Units are free to import from the domestic sources without paying any duty on capital goods, raw materials, consumables, spare, packing materials, office equipment, DG sets, etc. for implementation of their project in the zone without any license or specific approval. Good which are imported duty free could be utilized over the approval period of 5 years.

FOR MORE INFO:-
Notification No. 82 / 2002-Customs
query:

If C(Indian CO.) import from B(foreign),
reply:

will be imposed the duty as per prescribed in custom tariff act.

query:
A(SEZ) purchase from C, whether C needs to pay import duty to clear the goods.

it call DTA sales

DTA sales can be undertaken subject to achievement of positive NFE. Net Foreign Exchange (NFE) shall be calculated cumulatively for a period of 5 years from the commencement of commercial production.

if "c" does the DTA sale they can take incentive as DEPB / DRAWBACK .
REGARDS,

Querist : Anonymous

Querist : Anonymous (Querist)

22 June 2011 But is there any way to avoid the import duty paid by C Indian on imports, which are later sold to SEZ
Can we plan the invoice of SEZ that we can treat the sale from foreing company directly to SEZ

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