1. Please update on the applicability of GST w.r.t a SEZ Co-Developer. Where the co-developer has contracted the construction to a contractor, how would the input credit in DTA of the such contractor be treated? What would be the status where materials are procured by the co-developer for fabrication outside the SEZ for fabrication in DTA, but commissioned in the SEZ unit after such fabrication?
2. Should the Co-developer apply for a fresh exemption from the relevant SEZ Board?
GST Input Credit and SEZ Co-Developers: Clarifying Input Credit in DTA and Material Procurement Rules A query was raised regarding the applicability of GST for a SEZ co-developer, specifically about how input credit in the Domestic Tariff Area (DTA) is treated when a contractor is involved in construction. Additionally, it inquired about the status of materials procured by the co-developer for fabrication outside the SEZ but commissioned within the SEZ. The query also questioned whether the co-developer should apply for a new exemption from the SEZ Board. The response directed the inquirer to Section 16, Chapter VII of the IGST Act for guidance. (AI Summary)
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