Income Tax : Taxpayers must file Form 33 to claim SEZ deduction on profits. Proper reporting of reserve utilisation and asset purchase is essen...
CA, CS, CMA : Explains the Budget 2026 proposal allowing SEZ units to sell to DTA units at reduced duty and how it simplifies approvals while lo...
Corporate Law : SEZ clearances to the DTA attract customs duty on full value, including domestic addition. The takeaway is SEZs are disadvantaged ...
Goods and Services Tax : This explains why non-refundable tender fees qualify as taxable consideration under GST. It clarifies that access to a tender proc...
Goods and Services Tax : Learn how to file your GSTR-9 annual return, including details of supplies, ITC, taxes paid, and adjustments for FY 2024-25....
Corporate Law : India's government amends SEZ rules, reducing land requirements and easing norms to boost semiconductor and electronics component ...
Corporate Law : Learn about SEZ provisions for IFSC units, mandatory approvals, and the role of IFSCA Administrator under SEZ Act for unified regu...
Goods and Services Tax : GST portal updates, geocoding of principal place of business, user ID generation, registration cancellation, AATO enablement, annu...
Corporate Law : The Special Economic Zones Act will be replaced with a new legislation that will enable the states to become partners in Developme...
Income Tax : Ministry of Commerce & Industry 378 SEZs are presently notified, out of which 265 are operational Posted On: 10 MAR 2021 The S...
Service Tax : CESTAT Bangalore held that services rendered by a sub-contractor for authorized operations within an SEZ are eligible for exemptio...
Service Tax : The tribunal remanded the case after finding insufficient evidence to prove that refund and Cenvat credit were not claimed on the ...
Service Tax : The case addressed whether services like rent-a-cab, catering, and business support qualify as input services for SEZ refund claim...
Custom Duty : The Tribunal held that exemption cannot be denied based on a re-export condition imposed through a DGH certificate when such a req...
Service Tax : The issue involved denial of service tax refund on employee insurance services in an SEZ unit. The Tribunal held that such insuran...
Custom Duty : The notification grants customs duty relief to SEZ units clearing goods to DTA, provided production began before 31 March 2025. It...
Corporate Law : The Commerce Ministry revised SEZ-Online user charges after migration of transactions to ICEGATE reduced operational viability. Ne...
Corporate Law : The issue concerned regulatory handling of restructuring in IFSC units. The instruction clarifies that IFSCA will intimate SEZ aut...
Corporate Law : Instruction 121 from the SEZ Division details the process for IT/ITES SEZ developers to convert demarcated Non-Processing Area (NP...
Corporate Law : India's Commerce Ministry clarifies that SOFTEX form filing isn't mandatory for service exports between SEZ units or from a DTA un...
Read Instruction No. 113 issued by the Government of India’s Ministry of Commerce & Industry, Department of Commerce, SEZ Division. The instruction aims to streamline the compliance process for SEZ units by eliminating the need for physical copies of SOFTEX forms and invoices, promoting ease of doing business.
ITAT Delhi held that that car parking cannot be separated from the main business of SEZ, hence deduction under section 80IAB of the Income Tax Act duly available on income from car parking rental.
Learn how to claim a refund of unutilized Input Tax Credit (ITC) for supplies made to SEZ units or SEZ developers. Understand the conditions, procedure, and supporting documents required for the refund application. Get insights into the formula for calculating the refund amount and precautions to be taken.
Ministry of Commerce and Industry has introduced the Special Economic Zones (Third Amendment) Rules 2023, which provide guidelines for the import and export procedures of ships by units in the International Financial Services Centre. This article explores the key provisions of the amendment, including the filing of Bill of Entry, examination and inspection processes, and customs procedures for ship transfers. Stay updated with the latest regulations governing Special Economic Zones.
GST portal updates, geocoding of principal place of business, user ID generation, registration cancellation, AATO enablement, annual return, Form GST APL-01, amnesty scheme
Explore the Customs Authority of Advance Ruling (CAAR Delhi) decision on the re-import of goods from SEZ/FTWZ, analyzing the implications under Notification No. 45/2017-Cus.
Tax planning while setting up of a business with reference to location (2021-2022 A.Y, A.Y 2022-2023 , A.Y 2023-2024 and A.Y 2024-2025)
As per Section 16(1) of the IGST Act 2017, the Supplies to SEZ are treated as zero-rated supply thereby the supplier supplying goods or services cannot charge GST to SEZ.
These rules may be called the Special Economic Zones (Second Amendment) Rules, 2023. (2) They shall come into force on the date of their publication in the Official Gazette.
SEZs are defined zones inside a country that are subject to different economic rules and laws than the rest of the country. These zones are often established to encourage foreign investment and economic progress.
