Dear sir
As per RBI we are considering sale to DTA from SEZ as export, sale from DTA to SEZ as deemed exports , tahn why cant be have buyers credit facility on imports from SEZ . The DTA importer is paying customs duty , foreign exchange is also involved
reg
aradhana
9370926161
Clarification sought on eligibility of buyer's credit for SEZ imports; consider written representation to Commerce and Finance Ministries. A query was raised regarding the eligibility of buyer's credit for imports from Special Economic Zones (SEZs), given that sales to Domestic Tariff Areas (DTAs) from SEZs are considered exports, and sales from DTAs to SEZs are deemed exports. The respondent explained that SEZs are treated as outside Indian jurisdiction to promote exports, and while other financial facilities are available to SEZ units, the issue of buyer's credit can be addressed by submitting a written representation to the Commerce and Finance Ministries. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
