Servcie Tax Rule for SEZ unit

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Ravi Kumar Rajgaria (Querist)
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12 February 2010 What is the current rule of Service Tax for SEZunit?
Our company is located in SEZ. We are going to take a General Insurance Policy. Should companmy need to pay Service Tax on premium amount or it will be exempt?

Swanand

Swanand (Expert)
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13 February 2010 SEZ units are Exempted from Payment of Service Tax against the services consumed in SEZ. If you are taking general insurance policy for your SEZ unit , it will be exempted. Provide a copy of Service Tax exemption letter you have received from DC to the service provider.

you can refer sec. 31 of SEZ Rules , 2006 for this concern. ( you can visit our website www.sez-india.net and download the copy of sez rules. )