Service tax clarity profit booster for SEZs

Last updated: 23 May 2009

Govt says refunds can be sought on tax levied on services consumed outside an SEZ Author : Mehul Sheth/DNA The government has provided the much-needed relief sought by developers or units inside special economic zones (SEZ). Through a notification on May 20, the government has allowed developers or units to get the list of services specified in clause (105) of Section 65 of the SEZ Finance Act approved following which they shall be exempted from service tax. Services consumed outsi
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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