An end user in SEZ area has placed order on an India Company in Indian Rupee. The Indian company is importing the material but not doing any value addition. In that case can the company bring the material from customs without paying customs duty, CVD and additional duty to their customs bonded godown and supply to the customer in SEZ in India and raise the invoice in Indian rupee?
Menu
Supply to SEZ
Replies (3)
Yes they can get the goods without payment of customs duty.
Thank you very much for your reply. Can you please advise document no and specific para/ clause no. to refer to ?
Basically when the goods are imported the duty is to be paid when the goods are cleared from the warehouse.
In the present case the importer can endorse the name of the SEZ company on the bill of entry and the SEZ company can clear the goods without payment of duty.
Recent Threads
- Conversion of Capital Asset (Shares) into Stock in
- Income tax-wrong head challan
- Regarding berthing of vesse
- Schedule FA reporting - peak value and cash MMF
- Partnership firm with foreign national person
- Audit required
- Deemed Withdrawal of ASMT-13 Orders & Adjustme
- Need advise with HRA claim
- Schedule AL limit for FY 2024-25
- Can a person use ITR 1 when she has CG of Rs.250/
Related Threads
CAclubindia
