DTA supplied goods at SEZ - Order receive in US $

[SNEHAL SHAH]

Dear sir,

We are the manufacturing of Chemical products and export to various countries .

We will be receiving one order for supply at SEZ unit in US $ .

Can we supply our chemical product to SEZ and receive an amount in foreign currency .

Kindly suggest in this matter .

Regards,

SNE

AI Summary

SEZ treated as foreign territory: supplies paid in foreign currency may qualify for duty drawback, ensure Rule 30 compliance.
SEZs are treated as foreign territory for export purposes, and supplies to SEZ units paid in foreign currency are represented as qualifying for duty drawback, subject to compliance with SEZ Rules (including Rule 30) and filing a Bill of Export; reliance on current notifications and circulars is advised, and the forum corrected an initial inaccurate suggestion that receipt in domestic currency entitles suppliers to drawback.