We are a trading concern. The question is whether the sale to a sez unit is taxable or not.If not then what is the form we have to obtain from the buyer in order to gove exemption. This is an interstate sale. Similarly is service tax applicable or not for the sez unit?
Menu
Sale to SEZ unit
Replies (1)
Dear Suchitra ,
When SEZ units procure any thing from Domestic Tariff Area , it is a Duty Free Procurement. Now in your case you are trading concern , So while selling goods to SEZ unit you should not charge CST ( in Case of Internstate Sale ) to the SEZ unit. Acquire Form I from SEZ unit after completion of your transaction.
Simillarly Service Tax is also not applicabel to SEZ units. There is no need to submit / collect any form for this from / to SEZ unit.
Recent Threads
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
Related Threads
CAclubindia
