Dear Sir,
A SEZ unit executed BLUT (Bond cum LUT) with Development Commissioner. Now this unit has to sale goods to an EOU.So could clarify the below :-
1. Is this sale treated as DTA sale or export ?
2. IGST is applicable or not ?
Your quick reply will help us.
Thank you
Rajan
SEZ to EOU Sale Deemed Import Under Section 53 of SEZ Act; IGST and Customs Duties Apply A query was raised regarding the sale of goods from a Special Economic Zone (SEZ) unit to an Export Oriented Unit (EOU), questioning whether it should be treated as a Domestic Tariff Area (DTA) sale or export, and if Integrated Goods and Services Tax (IGST) is applicable. Responses clarified that such a sale is deemed an import under Section 53 of the SEZ Act, 2005, and is subject to customs duty, including IGST, as per the Customs Tariff Act, 1975. Additional insights noted that EOUs are treated like any GST supplier, with applicable customs duty exemptions. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
