Goods and Services Tax : Conclusion This article delves into various transactions related to an SEZ entity. The article has been prepared keeping in min...
Goods and Services Tax : Critical analysis of the 55th GST Council meeting recommendations on ITC rules, vouchers, SEZ trade, hotel services, used cars, an...
Goods and Services Tax : Key GST compliance tasks for FY 2023-24 before filing October 2024 returns, including ITC, e-invoicing, reconciliations, and rever...
Goods and Services Tax : Explore GST compliance for SEZs, including zero-rated supplies, invoicing, and documentation. Understand SEZ tax benefits and refu...
Goods and Services Tax : Get the latest updates on GST portal advisories issued in July-August 2024, including changes in registration, refund processes, a...
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...
Corporate Law : Along with IT/ITES Units, Non IT/ITES Units in SEZs have also been allowed to take desktop/laptop outside SEZs to work from home. ...
Corporate Law : Department of Commerce decided to provide relaxations on compliances to be met by units / developers / co‐developers of Special ...
Custom Duty : The Officers found that factory was operational. On being demanded, Sujit Kumar Bera produced all the gold available in the factor...
Custom Duty : The Special Economic Zone (SEZ) unit of Flextronics Technologies (India) Pvt. Ltd. ('Flextronics SEZ unit’) imported the goods, ...
Income Tax : Madras High Court held that lease rent received from letting out property in industrial park is chargeable to tax under the head ...
Custom Duty : Delhi High Court held that rejection of Merchandise Exports from India Scheme (MEIS) benefit merely because amended shipping bills...
Corporate Law : Bombay High Court held that if the party is able to show the proof of supply to SEZ Unit, then non-submission of “Bill of Export...
Finance : IFSCA introduces a Single Window IT System for application processing in GIFT IFSC, simplifying registrations with various regulat...
DGFT : DGFT clarifies that SEZ units can import specific items exempt from recent restrictions under ITC codes as per Policy Circular No....
Goods and Services Tax : Discover the CBIC July 2024 newsletter highlights including NTRS 2024 findings, RoDTEP benefits for SEZs, and a crackdown on gold ...
Custom Duty : Understand the latest SEZ Division clarification for Non-IT/ITES SEZ Units effective from July 1, 2024. Learn about ICEGATE, RODTE...
Corporate Law : Discover the new guidelines for SEZ Developers on procuring and installing solar panels to provide power supply in common areas of...
Find out whether the supply from SEZ to EOU is considered an import and whether Customs Duties are applicable. Our article covers key concepts of SEZ and provisions of the SEZ Act, 2005.
DTA units will be required to register with regional STPI under ‘non-STPI category’ and required to submit the SOFTEX Forms on periodical basis. For Registration application required to be submitted online with the requisite fee and usually the same is approved within a period of ten working days.
Bombay High Court held that once the application for SEZ LOP is accepted and LOP is issued, the Unit attains the SEZ Status and therefore entitled to all the exemptions provided under section 26 of the SEZ Act which also includes exemption from payment of duties of customs.
ITAT Mumbai held that exemption u/s 10AA of the Income Tax Act available in case imported goods are re-exported by a unit duly approved by development commissioner of concerned SEZ.
Explore the nuances of Supply from Domestic Tariff Area (DTA) to Special Economic Zone (SEZ) or vice versa under GST. Understand the implications of Section 7 of IGST Act, 2017 and provisions related to export, import, and zero-rated supply. Stay informed to navigate cross-border transactions effectively.
Rule 29A. Procedure of import or export or procurement from or supply to Domestic Tariff Area of aircraft by a Unit in International Financial Services Centre
Procedural infirmities, for a shorter or longer time, does not in any way supplant service tax exemption accorded to impugned supply of services to units in SEZ
Permission for domestic procurement of restricted items (sand and soil) by developers / co-developers / units for infrastructural development / construction activities inside the Special Economic Zones (SEZs) –
Understand the implications of Export Duty on supplies from DTA to SEZ in India. Learn about the SEZ policy and how it affects tariff and duties.
Guidelines providing standard operating procedure for Work from Home (WFH) permission for implementation of Rule 43A of the Special Economic Zones (Third amendment) Rules, 2022 – Reg
