Lut and bond

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 January 2019 Dear Experts, i am about to get a new sub contract from a contractor of SEZ. The Contractor is asking for LUT number from us to get contract so that services and supply could be tax fee when we raise invoices. Here i want to know that i am having proprietorship firm can i be sub contractor with the contractor of SEZ? Can i apply for LUT or Bond will be needed? Also tell me the process by which i could follow it and could get LUT or Bond.

Thanking you in advance

CA Anita Bhadra

CA Anita Bhadra (Expert)
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05 January 2019 You can be subcontractor with the contractor of SEZ , but whether supply by subcontractor to the main supplier of SEZ will be treated as deemed export and subject to exemption , is doubtful

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Querist : Anonymous

Querist : Anonymous (Querist)

05 January 2019 The supply would be within India i mean in Noida or Gurgaon which comes under SEZ and i am from Delhi. Do i need to have another GSTIN to supply the services of respective SEZs?

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Rajesh Kumar

Rajesh Kumar (Expert)
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12 January 2019 You dont need another GSTIN. Supply can be affected in Noida through Delhi GSTIN.
Supply to SEZ unit shall be zero rated supply. However supply to contractor shall not be supply to SEZ unit, and GST is required to be paid.
LUT can be executed online.