Refund of vat in SEZ

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....efund of vat in SEZ<br> Query (Issue) Started By: - anil shah Dated:- 16-10-2007 Last Reply Date:- 23-10-2007 Customs - Exim - SEZ<br>Got 2 Replies<br>Customs<br>wether vat refund in sez is refundble ....

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....please let me know. Reply By Madhukar N Hiregange: The Reply: Normally there would be zero rating or exemption provided for supplies to SEZ. IN case they have paid the VAT for some reason the same wo....

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....uld certainly be refundable. However you may verify from where ( which authority) they could get the same. Reply By YASHAVANTH: The Reply: As per KVAT chapter II sec.20 & Explanation 1. Tax payable on....

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.... sale of goods from SEZ is exempted . Under same sec.20 (c) in case Tax paid on goods purchased from SEZ will be refundable.<br> Discussion Forum - Knowledge Sharing ....