purchase from sez

srikumar (audit staff) (1203 Points)

20 January 2019

sir, what is tax treatment for goods purchased from sez ?, it's exempted or receipent pay tax on rcm basis?
pls explain procedure sir?

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Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 20 January 2019

Any supply from SEZ Unit to DTA shall be treated as Imports

Hence its treated as import & RCM is to be done by Recepient

Anshuman Basu (account -GST) (1556 Points)
Replied 20 January 2019

sir RCM is suspended still 30/9/2019 so there is a provision to pay tax

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 20 January 2019

Mr. Anshuman
the RCM suspended is the services cover under section 9(4) & Supply from Sez to DTA is treated as Import , hence RCM is applicable

srikumar (audit staff) (1203 Points)
Replied 20 January 2019

whether sez dealer issue tax invoice or sales value at invoice bill, he impose igst or cgst and that on taxable sales ?
suppose rcm what is rate sir?

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 20 January 2019

Yes will issue Invoice but do charge GST

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 20 January 2019

Sorry , sez unit will issue the Invoice But do NOT Charge GST. Rate of RCM will be the rate of goods /Services possess

pritesh (CA Final student) (7101 Points)
Replied 20 January 2019

Agreed with pankaj sir answer

srikumar (audit staff) (1203 Points)
Replied 21 January 2019

thanks sir pankaj

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