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Refund of vat in SEZ, Customs - Exim - SEZ |
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Refund of vat in SEZ |
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wether vat refund in sez is refundble please let me know. Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
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 would certainly be refundable. However you may verify from where ( which authority) they could get the same.
As per KVAT chapter II sec.20 & Explanation 1. Tax payable on sale of goods from SEZ is exempted .
Under same sec.20 (c) in case Tax paid on goods purchased from SEZ will be refundable.
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