Web"Words Matter" Chartered Accountant GSTbyMM Educator Developer Author Report this post WebDec 1, 2024 · Rakesh Sarswath (Article Student-GST Specialization) (190 Points) Replied 01 December 2024. Any supplies to SEZ developer or SEZ unit shall be considered as Zero rated supply and for such supplies, there are two options available. 1) Pay the GST on such supplies and get the refund. 2) Make the supplies under the LUT or bond without making …
Addressing the incongruity between the SEZ and GST Laws
Web11 minutes ago · 1. OUTWARD SUPPLIES: Reconcile the revenue from operations, other income as per financial statement and sale of fixed assets as per books of accounts with GSTR-1 and GSTR-3B. In case of any differences, do requisite change in the books of accounts or in the GST returns, as the case maybe. Reconcile the debit notes and credit … WebApr 15, 2024 · The Gujarat Authority for Advance Ruling (AAR) has held that a subsidized deduction made by the applicant from the employees who are availing food in the factory or corporate office would not be considered a 'supply' under the CGST Act. The bench of Amit Kumar Mishra and Milind Kavatkar has observed that input tax credit (ITC) will be … reth tv series
Sale from a SEZ unit to EOU, Goods and Services Tax - GST
WebBenefits of Advance Authorization, EPCG, Duty Draw-Back under the Foreign Trade Policy is available on the supplies to SEZ Units from DTA. Credit / Refund / Exemption of GST as per respective GST Acts & Rules. Exemption or Refund of GST on Services to the SEZ. Electricity Duty Exemption (varies from State to State) Benefits/exemptions under FEMA WebApr 10, 2024 · FOB value realised with exchange gain is ₹ 8,20,000. (4) Exports of books through foreign post office with FOB value of ₹ 4,95,000 per consignment. (5) Biotechnology Park products exported through DTA units of ₹ 3,00,000. (6) Supplies made from DTA units to SEZ units of ₹ 2,00,000. (7) Rate of reward under MEIS is 7%. WebOct 13, 2024 · Zero-rated supplies are mentioned below regarding the goods and services … reth\u0027hedron