Deemed foreign territory status enables duty-free imports to SEZ units, while DTA clearances are treated as imports under customs valuation. SEZ units are deemed foreign territory for duties and taxes: supplies from DTA are deemed exports and movements from SEZ to DTA are treated as imports. Units enjoy duty-free import/procurement for manufacturing and related activities (excluding prohibited goods), with document-based clearances, bonding for temporary removals and job-work, special rules for gem and jewellery, mandatory accounting and reporting, DTA sales subject to duty and customs valuation, and monitoring by a Development Commissioner-Customs committee with recovery and penal action for defaults.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deemed foreign territory status enables duty-free imports to SEZ units, while DTA clearances are treated as imports under customs valuation.
SEZ units are deemed foreign territory for duties and taxes: supplies from DTA are deemed exports and movements from SEZ to DTA are treated as imports. Units enjoy duty-free import/procurement for manufacturing and related activities (excluding prohibited goods), with document-based clearances, bonding for temporary removals and job-work, special rules for gem and jewellery, mandatory accounting and reporting, DTA sales subject to duty and customs valuation, and monitoring by a Development Commissioner-Customs committee with recovery and penal action for defaults.
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