Procedure for Supply to SEZ

[Paramjeet singh]

Procedure for Supply to SEZ

AI Summary

Supplying Goods to SEZs Treated as Exports; Exempt from Central Excise Duty Under SEZ Act; Requires ARE-3 Forms A discussion on the procedure for supplying goods to Special Economic Zones (SEZ) highlights that such supplies are treated as exports outside India. The process involves preparing ARE-3 forms and possibly filing Bonds/UT or using invoices. Under the SEZ Act, goods brought from the Domestic Tariff Area (DTA) to SEZs for authorized operations are exempt from Central Excise duty. Supplies from DTA to SEZ are considered exports, with potential drawbacks or benefits. Before the SEZ Act, exemptions were granted under specific notifications, requiring clearance under ARE 1 with certain modifications. Further procedural details were suggested to be discussed directly.