Tax on sex unit

This query is : Resolved

R.SATISH KUMAR (Querist)
Follow

21 June 2018
sir,

we are supplying goods to SEZ unit, should we collect gst on invoice or not?
please suggest us.

thanks

RAJA P M

RAJA P M (Expert)
Follow

21 June 2018 https://www.caclubindia.com/forum/supply-sez-with-lut-459851.asp?offset=2

Message likes : 2 times

CMA Bhavya

CMA Bhavya (Expert)
Follow

21 June 2018 Dear Sir,

off course you need to charge GST.
SEZ Invoices--With Payment of Tax
where as supplying to SEZ unit if you have already obtained LUT (letter of Undertaking Bond ) then the taxes are nil -- Zero rated.

regards,
Bhavya.P

Message likes : 2 times

RAJA P M

RAJA P M (Expert)
Follow

21 June 2018 If you have LUT bond then Show the basic value and Next you will enter in the Tax column as"Export Supply under LUT bond" and show the tax value as Zero...

If you have not LUT bond then GST will be charged on the Invoice. But, Payable by Yourself. The SEZ customer not give the Tax amount to you...

Message likes : 1 times

R.SATISH KUMAR

R.SATISH KUMAR (Querist)
Follow

21 June 2018 thank your for your clarification

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