What will be the Form
This query is : Resolved
20 October 2009
Respected Sir/Madam,
(i)Form "I" is required for exemption from CST when buyer is Located In SEZ(Special Economic Zone. Is this Form "I" is still Relevant? ii) Is any form is required for Exemption of Excise Duty when buyer still located in SEZ? (iii) and When Saler is located in SEZ then he needs to charged CST and Excise Duty if no then How? Thanks in Advance
(i)Form "I" is required for exemption from CST when buyer is Located In SEZ(Special Economic Zone. Is this Form "I" is still Relevant? ii) Is any form is required for Exemption of Excise Duty when buyer still located in SEZ? (iii) and When Saler is located in SEZ then he needs to charged CST and Excise Duty if no then How? Thanks in Advance
18 November 2009
1. In case of Inter state Purchase made by SEZ Unit/SEZ Develpoer, Form I is required to be submitted to supplyer. It is still in force.
2.In case of Inter state Sale made by SEZ Unit, chargeability of CST will depend upon the state's law in which SEZ Unit is working subject to the CST Law also.In generall CST should be charged and concession in rate of tax can be availed in accordance with provisions of Sec 8 of CST Act.
2.In case of Inter state Sale made by SEZ Unit, chargeability of CST will depend upon the state's law in which SEZ Unit is working subject to the CST Law also.In generall CST should be charged and concession in rate of tax can be availed in accordance with provisions of Sec 8 of CST Act.
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
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Not able to file ITR
- Foreign inward in ITR
- Accounting with Claude
- 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
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
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
