17 December 2011
Mr Navneet Kakkar, An sez is exempt from pating tax(vat)in many states.find out in your state. Although you raise an invoice on an overseas company it will not become a deemed sale the goods will not the frontiers of our country. However,you can raise an invoice without levying vat,quoting the sez licence no.of that party and claim exemption on such sales in your return....MJK
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