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Clearance from DTA to Free Trade Ware Housing Zone-Export Benefits

Allied Laws - Started By: - arbs sarma - Dated:- 20-2-2016 Last Replied Date:- 26-2-2016 - Export benefits (Rebate and DBK) are available in case of clearances to SEZ from DTA.pl clarify whether the above benefits are available in case of clearance to FTWZ from DTA. - Reply By KASTURI SETHI - The Reply = Sh.Arbs Sarma Ji, Pl. go through this extract of Board[s circular. It is an answer to your query. Central Excise Tariff Conference - Clarifications on technical issues of classification and asse .....

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t nil rate of duty. An exception to this exception is when clearance of final products is made to a unit in Free Trade Zone (FTZ), a 100% EOU and a unit in Hardware Technology Park or Software Technology Park. Thus, when final products are supplied to FTZ, EOU etc. intermediate products continue to be exempted. Now, FTZ scheme does not exist and existing EPZ/FTZ have been notified as SEZ. The issue is whether the benefit of exemption to the intermediate product is available when final products a .....

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ts are supplied to SEZ. Hon ble Tribunal noted that during the relevant period of dispute, no FTZ was in operation and therefore no clearance could be made to FTZ as this was a period after the enactment of SEZ Act on 10-2-2006. Once the SEZ Act came into effect from 10-2-2006, all the units functioning as FTZ were declared as SEZ units. Notification no. 4/2003-C.E., dated 30-3-2003 was issued to convert various FTZs into SEZs. Further, as per the Notes explaining clauses of the Finance Bill, 20 .....

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supplied to SEZ. Conference accepted this view and concluded that benefit of exemption should be extended to the intermediate goods when final goods are supplied to SEZ. Conference also recommended to the Board that notification no. 67/95-C.E. should be amended to avoid litigation on - Reply By MARIAPPAN GOVINDARAJAN - The Reply = It is cleared that as per the notification cited by Shri Kasthurai Seth the benefits are also available to FTZ. - Reply By KASTURI SETHI - The Reply = Thanks to SH.MA .....

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