can take credit of cvd purchase from SEZ UNIT

[Asked by Guest]

dear experts,

we are manufacturer and purchasing raw material from supplier , supplier is in sez unit and he has passed bcd, cvd, e.cess , & h.ed.cess so we can take credit of cvd...

regards,

manan

[Suryanarayana Sathineni]

Dear Friend,

You are aware, any supplies from SEZ to DTA are treated as or on par with Imports and the unit purchasing the materials from SEZ will have file a Bill of Entry and pay all the applicable customs duties. Once such customs duties are paid and the material received in the factory, then the receiver in DTA ( importer ) can avail credit of CVD and also SAD ( if paid)

Best Regards

Suryanarayana

thank you sir ,

for your valuable reply.

regards,

Manan

[Ganeshan Kalyani]

Sir, SEZ is given a special status. Purchase from SEZ is import. Formalities of import applies. Thanks.

AI Summary

Import treatment of SEZ purchases: payment of customs duties permits credit for CVD and SAD.
Purchases from an SEZ into the domestic tariff area are treated as imports; the importer must file a bill of entry and pay applicable customs duties. After payment of customs duties, including CVD and any SAD, and receipt of the goods, the domestic recipient may claim credit of the CVD and SAD.