TMI BlogGST on supply to a SEZ unit by a unit in DTAX X X X Extracts X X X X X X X X Extracts X X X X ..... Can a unit in DTA supply goods/services to a SEZ unit under a LUT (without any bank guarantee) without paying GST? Or it has to mandatorily supply under a bond (with bank guarantee) Please quote the relevant notification/law, if possible. - Reply By Rajagopalan Ranganathan - The Reply = Sir, As per section 16 (1) (b) of IGST Act, 2017 supply of goods or services or both to a special Econ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... omic Zone Developer or a special Economic Zone Unit will be treated as zero rated supply. According to rule 96 A of CGST rules, 2017 any registered person availing the option to supply goods or services for export without payment of integrated tax shall furnish, prior to export, a bond or a Letter of Undertaking in FORM GST RFD-11 to the jurisdictional Commissioner, binding himself to pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y the tax due along with the interest specified under sub-section (1) of section 50 within a period of - (a) fifteen days after the expiry of three months [, or such further period as may be allowed by the Commissioner,] from the date of issue of the invoice for export, if the goods are not exported out of India; or (b) fifteen days after the expiry of one year, or such further period as m ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ay be allowed by the Commissioner, from the date of issue of the invoice for export, if the payment of such services is not received by the exporter in convertible foreign exchange [or in Indian rupees, wherever permitted by the Reserve Bank of India. According to rule 96 A (6) the provisions of sub rule (1) shall apply, mutatis mutandis, in respect of zero-rated supply of goods or services ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or both to a Special Economic Zone developer or a Special Economic Zone unit without payment of integrated tax. - Reply By PAWAN KUMAR - The Reply = Reply given by sh. Rajgopalan sir is correct. An dta may supply goods or services under lut to sez. Dta need to obtain lut or bond in this regard. - GST on supply to a SEZ unit by a unit in DTA - Query Started By: - SHIVANSH MEHRA Dated:- 14-1-20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 20 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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