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Issue ID: 109775
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sale of goods to DTA from SEZs in foreign currency

Date 22 Jan 2016
Replies3 Replies
Views 7511 Views
Sale in foreign currency: SEZ units can sell to DTA with EEFC receipt counting as NFE, no permission required.
An SEZ unit may sell goods to the DTA in foreign currency and have such sales treated as NFE provided the foreign exchange is received into the DTA buyer's Exchange Earners Foreign Currency account; no permission from the Development Commissioner is required. (AI Summary)

Dear All,

Please clarify, Can SEZ unit sell the goods to DTA in foreign Currency and can consider for NFE.

Do SEZ unit need any permission from Development commissioner. for sale of such goods to DTA?

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