https://www.taxtmi.com/article/detailed?id=7801 Supply to SEZ units or developers is treated as inter-state and exemptions for IGST apply to goods physically imported and to services imported for authorised operations; domestic procurements are not covered. Domestic suppliers must either charge IGST (so SEZ units can claim input tax credit and seek refunds) or supply under bond/LUT to obtain zero-rating. If the SEZ recipient does not claim credit, the supplier may claim a refund. The legal framework thus keeps import exemptions separate and preserves the bond/LUT mechanism for indigenous supplies. en-us Tue, 02 Jan 2018 08:11:52 +0530 Tue, 02 Jan 2018 08:11:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7801 Supply to SEZ units or developers is treated as inter-state and exemptions for IGST apply to goods physically imported and to services imported for authorised operations; domestic procurements are not covered. Domestic suppliers must either charge IGST (so SEZ units can claim input tax credit and seek refunds) or supply under bond/LUT to obtain zero-rating. If the SEZ recipient does not claim credit, the supplier may claim a refund. The legal framework thus keeps import exemptions separate and preserves the bond/LUT mechanism for indigenous supplies. Articles Goods and Services Tax - GST Tue, 02 Jan 2018 08:11:52 +0530 https://www.taxtmi.com/article/detailed?id=7801