Advocate- Tax
7806 Points
Joined December 2008
That is an important issue raised by Majhi.
Supply to SEZ is governed by SEZ Act and in that sense DGFT circular has no role to play. Under SEZ Act, such supply will not DEPB/Drawback benefits under SEZ Rules.
However, can such supply to SEZ be treated as "deemed export" under Foreign Trade Policy? If yes, Majhi has a case.