Hi Sir,
Should we need add GST in invoice for Supplying the goods to SEZ incase we dont have LUT and bond?
I have seen below content in notes but dont have better example to understand it. I understood the first point, registered person having LUT or bond doesn't require to add GST element in Invoice for the SEZ customer. However the 2 point to be understand with example. Please help me in this regard.
- He may supply goods and services or both under bond or letter of the undertaking without paying IGST and claim the refund of unutilized input tax credit.
- He may supply goods and services or both with payment of IGST and may claim a refund on the tax paid.