Receive Daily Updates by Email (Free Subscription)

IGST Exemption To SEZs On Import Of Goods By An Unit/Developer In A SEZ

CBEC Notification No. 64/2017- Customs dated the 5th July, 2017:- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts all goods imported by a unit or a developer in the Special Economic Zone for authorised operations, from the whole of the integrated tax leviable thereon under sub-section (7) of section 3 of the Customs Tariff Act, 1975 (51 of 1975) read with section 5 of the Integrated Goods and Service Tax Act, 2017 (13 of 2017).

No comments:

Post a Comment

Share your valuable opinion or your query here.