What will be the Form

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Surender Singh (Querist)
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20 October 2009 Respected Sir/Madam,
(i)Form "I" is required for exemption from CST when buyer is Located In SEZ(Special Economic Zone. Is this Form "I" is still Relevant? ii) Is any form is required for Exemption of Excise Duty when buyer still located in SEZ? (iii) and When Saler is located in SEZ then he needs to charged CST and Excise Duty if no then How? Thanks in Advance

CA Chandra Kishore Bajpai

CA Chandra Kishore Bajpai (Expert)
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18 November 2009 1. In case of Inter state Purchase made by SEZ Unit/SEZ Develpoer, Form I is required to be submitted to supplyer. It is still in force.
2.In case of Inter state Sale made by SEZ Unit, chargeability of CST will depend upon the state's law in which SEZ Unit is working subject to the CST Law also.In generall CST should be charged and concession in rate of tax can be availed in accordance with provisions of Sec 8 of CST Act.