ITC on Purchase from SEZ Unit.

[PRAVIN TALEGAONKAR]

Dear All,

We have taken ITC on Purchases from SEZ Unit during 2022-23, We have copy of bill of entry digitally singed by SEZ Entity. but Bill of Entry not reflecting in GSTR-2B.

My question whether GST officer can ask for reversal of the same since BOE is not reflecting in GSTR-2B.

Regards

Pravin Talegaonkar.

AI Summary

Input Tax Credit from SEZ purchases remains claimable with Bill of Entry and IGST evidence despite non appearance in auto populated records.
ITC on goods received from SEZ units is claimable when the recipient possesses the tax paying document (such as a digitally signed Bill of Entry) and evidence of IGST payment. Supplies from SEZ to DTA are reported as inter state supplies and, operationally on clearance into DTA with a Bill of Entry, treated for IGST charging which the DTA unit may claim as ITC. Tax authorities may query mismatches between ITC claimed and system auto populated records, but documentary proof and SEZ authority certification can substantiate entitlement despite non appearance in automated summaries.