https://www.taxtmi.com/forum/issue?id=119003 Unutilised CGST/SGST credits on capital goods cannot be transferred to an SEZ/EOU because SEZ units require separate registration and supplies involving SEZs attract IGST, not CGST/SGST. Exports to SEZ/EOU are zero-rated under the IGST framework, allowing domestic suppliers to issue zero-rated invoices by furnishing a Letter of Undertaking; hence exporting without IGST to preserve or obtain refund of CGST/SGST credits is not consistent with the statutory scheme. Administrative portal differences and authorised-operations requirements may affect practical implementation. en-us Fri, 23 Feb 2024 21:42:27 +0530 Fri, 24 Jan 2025 10:40:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119003 Unutilised CGST/SGST credits on capital goods cannot be transferred to an SEZ/EOU because SEZ units require separate registration and supplies involving SEZs attract IGST, not CGST/SGST. Exports to SEZ/EOU are zero-rated under the IGST framework, allowing domestic suppliers to issue zero-rated invoices by furnishing a Letter of Undertaking; hence exporting without IGST to preserve or obtain refund of CGST/SGST credits is not consistent with the statutory scheme. Administrative portal differences and authorised-operations requirements may affect practical implementation. Discussion-Forum GST Fri, 23 Feb 2024 21:42:27 +0530 https://www.taxtmi.com/forum/issue?id=119003