https://www.taxtmi.com/article/detailed?id=16335 Supply of goods or services to SEZ units and developers is treated under GST as a zero-rated supply aligned with export-oriented treatment, so that tax may apply in form but does not become a cost. Zero-rating preserves input tax credit and maintains the GST credit chain, unlike exemption, which breaks the credit chain and may require reversal of ITC. The article explains the post-01.10.2023 authorised operations requirement, the prospectivity of that change, and the revised procedural route for zero-rated supplies through bond or Letter of Undertaking, subject to notified exceptions. en-us Mon, 04 May 2026 07:58:27 +0530 Mon, 04 May 2026 07:58:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16335 Supply of goods or services to SEZ units and developers is treated under GST as a zero-rated supply aligned with export-oriented treatment, so that tax may apply in form but does not become a cost. Zero-rating preserves input tax credit and maintains the GST credit chain, unlike exemption, which breaks the credit chain and may require reversal of ITC. The article explains the post-01.10.2023 authorised operations requirement, the prospectivity of that change, and the revised procedural route for zero-rated supplies through bond or Letter of Undertaking, subject to notified exceptions. Articles Goods and Services Tax - GST Mon, 04 May 2026 07:58:27 +0530 https://www.taxtmi.com/article/detailed?id=16335