recognition of purchases made from SEZ

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bhanu mehra (Querist)
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30 December 2010 If a manufacturing enterprise(in India) make purchase from a special economic zone(SEZ)in India then should it be recognized as imported purchase.

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
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30 December 2010 As per section 29 , it will be treated as import by DTA, subject to provisions of the act.

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bhanu mehra

bhanu mehra (Querist)
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31 December 2010 THANK YOU SO MUCH FOR YOUR VALUABLE ADVICE, SIR.
BUT I NEED CLARIFICATION ON WHICH 'ACT' YOU ARE REFERRING TO AND WHAT IS THE FULL FORM OF 'DTA' HERE.

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