plz can anyone explain to me that what is DTA?
6 Replies
gourav
(student)
(113 Points)
Replied 28 December 2008
DTA (DomesticTerrif Area) :- This term is used in SEZ act and other acts also.
As we know that units established in SEZ are duty and terrif free because they are treated as foriegn territory for the perpose of duties and terrifs.
DTA means the area other than SEZs at which duties and terrifs is chargeable.
CA. Rajeev Aggarwal
(Chartered Accountant)
(3424 Points)
Replied 28 December 2008
I think gourav is correct
Chirayu Kothi
( Consultant Excise and Service Tax)
(248 Points)
Replied 28 December 2008
Domestic Tarrif Area means the manufacturer or service provider to SEZ as it is expeort called it "deemed export" selling good or providing any service.
Read with TRADE NOTICE NO. 27/2003-CE
HS Negi
(Senior Executive- F&A)
(590 Points)
Replied 04 February 2009
DTA stands for Domestic Trrif Area . The Units which are located in india and clear its finshed products on payment of duty as per Central Excise Tarif Act 1985 and exports on the basis of undertaking or bond are callled as DTA unit.
EOU stand for 100% Export oriented unit. The unit are estabilished under the scheme of EOU and a 100% EOU is set up to clear its finsihed goods to export purpose. The theme of EOU to clloed the NFE (Net foriegn exchage). It procures the duty free goods on the strength of form CT-3 & PC (Procument Certificate in case of import)
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