what is the benefit of supplier
supplying materials to sez unit and how he will claim ITC.
Menu
Gst on sez
Replies (3)
If you have LUT then you can issue the invoice to SEZ under LUT without GST. You can file the refund application for ITC that utilised against such supply to SEZ. supply to SEZ is as good as export. If you don't have LUT then u can pay tax and you can file refund application of the tax paid.
U may claim refund as supply to sez unit is zero rated and the accumulated itc may be cleaimed in rfd
Supply to s*x as per section 16 of is zero rated supply .
So if you have filed the LUT , then no need to charge IGST on bill to Sez .
And if LUT is not file the supplier can claim refund for the IGST being charged on bill to Sez
So if you have filed the LUT , then no need to charge IGST on bill to Sez .
And if LUT is not file the supplier can claim refund for the IGST being charged on bill to Sez
Recent Topics :
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
Related Topics :
CAclubindia
