How to claim exemption on excise duty & vat by Special economic zone customer, if material supplied by the trader registered with TNVAT act and the trader get the materials from manufacturer.
27 August 2016
SEZ area is treated as foreign territory.Supply from domestic tariff area(DTA) to SEZ is physical export. Accordinly benefit of of Advance Authorisation/drawback and claim of refund is applicable as in case of exports. You may refer to the CBEC circular NO.1001/8/2015 - CX dated 28.4.2015