Home Forum Goods and Services Tax - GST Month 8 2017 2017 (8) This
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supplies to SEZ unit - Goods and Services Tax - GSTExtract Dear experts One manufacturing unit is supplying goods and services to SEZ. After GST coming into existence, the exporters need to pay GST on their supplies to GST and to overcome the same they intend to file LUT with the department. But as per the Notification No.16/2017-Central Tax Dt.7.7.2017 , CBEC specified certain condition and safeguards for the registered persons to supply goods or services for export without payment of integrated tax for furnishing LUT in place of Bond. As per one of the conditions, the exporter who received due foreign inward remittances amounting to a minimum of 10% of the export turnover, which should not be less than one crore rupees in the preceeding financial year is eligible for submission of LUT. Whether an exporter who supplies to SEZ and gets export turnover of 1 crore in indian currency eligible for LUT or not ? Pl.clarify.
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