Issue of I form under EI transaction

[vishnumurthi holla]

Dear Sir,

We are a SEZ unit has given contract to 'A'-a Private limited company to construct a PEB for our SEZ Plant. Both SEZ Unit and The Contractors are in Karnataka.

Now The Contractor - A - Purchased some steel from the Manufacturer in Hyderabad and effected direct delivery to SEZ site ( Billed to A and Shipped to SEZ Unit). He has followed Rule 30 of SEZ Rules. Since this Transaction is Interstate Movement , the supplier is asking I form from SEZ Unit, which we are unable to issue as the re is no Buyer and seller relation lies between seller and SEZ Unit.

The contractor Bills it to SEZ unit on Running bill basis.

I need to Know, whether SEZ has to Issue I form to the Supplier or Contractor? What is the way out?

AI Summary

Clarification Sought on I Form Issuance for SEZ Unit's Interstate Steel Purchase: Supplier or Contractor? A SEZ unit in Karnataka contracted a private company for constructing a PEB at their plant. The contractor purchased steel from a manufacturer in Hyderabad, with the steel directly delivered to the SEZ site. The manufacturer requested an I form from the SEZ unit due to the interstate nature of the transaction. However, the SEZ unit cannot issue the form as there is no direct buyer-seller relationship between them and the manufacturer. The query seeks clarification on whether the SEZ unit should issue the I form to the supplier or the contractor. A response requests any resolution to be shared in the forum.