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supply to SEZ

06 January 2019

wether supply made to SEZ shall attract to gst.

1. means when supplied to SEZ with payment means gst would be charged in bill given to SEZ units, or

2. it is practice to pay gst from own pocket and get it back as refund.
and please also explains it's practical approach of adjustment.

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8 Replies

RAJA P M ("Do the Right Thing...!!!") (127227 Points)
Replied 06 January 2019

1. Yes...

&

2. It's payable from Your pocket and then claim refund...

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 06 January 2019

1. Yes sale to Sez IGST is applicable , & cannot collect IGST from Sez . (Can claim Refund IGST)

2. You file LUT & no need to charge IGST

srikumar (audit staff) (1203 Points)
Replied 08 January 2019

if invoice raised with igst, sez can pay igst amount or not ?

RAJA P M ("Do the Right Thing...!!!") (127227 Points)
Replied 08 January 2019

No... Supplier pay the IGST his own pocket.
Also supplier Can be claim refund.

1 Like

Devendra Sujane (Student) (58 Points)
Replied 08 January 2019

RAJA PM

I think it is practice to pay GST from own pocket and get it back as refund.

srikumar (audit staff) (1203 Points)
Replied 08 January 2019

how to pass journal entries for sale, payment of igst, refund of igst sir

RAJA P M ("Do the Right Thing...!!!") (127227 Points)
Replied 08 January 2019

@ devendra.,

Supplier only pay the tax amount for supplying to SEZ / Export if without LUT / Bond...

I think You know in general practice Customers give also invoicing values including Tax amount. But Export proceeds no way for receiving tax amount from customers end...