TMI BlogServices supplied to SEZX X X X Extracts X X X X X X X X Extracts X X X X ..... XYZ supplying services to SEZ for transportation of goods by Sea for Export. In relation to this, XYZ procures services from Shipping Line and shipping line charging Ocean Freight (without GST) and other charges (with GST). XYZ in turn recovering these charges from SEZ and charging Ocean Freight with mark - up (without GST) and other charges (with GST). Can XYZ claim exemption from GST for other c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... harges also being services supplied to SEZ? If yes is XYZ required to procure LUT? In my view, XYZ can claim the exemption being supplied to SEZ subject to getting LUT. Views of the experts please. - Reply By Shilpi Jain - The Reply = This will be a zero rated supply and not exempt. THis can be supplied without payment of GST by obtaining an LUT. - Reply By KASTURI SETHI - The Reply = Dear Si ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r, I could not understand your following sentence. In my view, XYZ can claim the exemption being supplied to SEZ subject to getting LUT ?. Does exempted services require LUT ? - Reply By Kaustubh Karandikar - The Reply = Sir, as mentioned by Shilpi ji, it will be treated as export and therefore Zero rated. Accordingly, in my view, LUT will be requir ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed. - Reply By KASTURI SETHI - The Reply = Dear Sir, What I intend to communicate that 'exempted goods/services' and 'LUT' both cannot go simultaneously. - Reply By Shilpi Jain - The Reply = It is generally loosely used in the industry. Zero-rated, exempted. - Reply By KASTURI SETHI - The Reply = There is a great gulf between the words, 'zero rated' and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 'exempt'. - Reply By Ganeshan Kalyani - The Reply = Supply to SEZ is treated as export so by obtaining LUT you can raise invoice without GST. And also you can claim refund of corresponding input tax. - Reply By Shilpi Jain - The Reply = For the purposes of gst, supply to SEZ is not export but only zero rated - Reply By Shilpi Jain - The Reply = Also the law is getting amended only t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o treat authorized operation related supplies as zero rated. So if any service or goods are supplied which are not used for authorized operations, will not be 0 rated. - Services supplied to SEZ - Query Started By: - Kaustubh Karandikar Dated:- 16-10-2021 Goods and Services Tax - GST - Got 9 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nagement 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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