Hello,
My client does interstate (IGST) material purchases and then sells the material to SEZ without payment of IGST and also to Regular Non SEZ clients. Questions that i have are:
1. As the sales to SEZ are being made without payment of IGST does my client has to file the LUT or ask the SEZ to file and provide the LUT copy to my client?
2. Can my client utilize the ITC on the purchases meant for supply to SEZ to discharge IGST liability towards sales made to Regular Non SEZ clients?
Point no. 1 your client should take LUT Registration from the respective range
Point No. 2 Yes can be utilised.
Sir, do they need to file for refund of ITC or not required considering that the ITC on the purchases meant for supply to SEZ can be used to discharge IGST liability towards sales made to Regular Non SEZ clients?
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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