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Tag: SEZ

SEZ

SEZ Circular No. 01/2024-25 dated 13.06.2024

byAdmin15/06/202415/06/2024

Office of the Development Commissioner, DAHEJ Special Economic Zone, Ahmedabad issued Circular No. 01/2024-25 dated 13.06.2024 to launch Indian Customs EDI System – (ICES/ ICEGATE) for imports and exports at Dahej Special Economic Zone, Dahej) INBHD6).

GST ArticlePre-GST

Service Tax is exempt for authorized operations conducted within SEZ

byCA Bimal Jain21/03/202421/03/2024

The CESTAT, Ahmedabad in the case of M/s. Inox India Ltd. v. Commissioner of Central Excise [Service Tax Appeal No. 10341 of 2016-DB dated March 07, 2024], held that once the legislature by way of an enactment has provided certain…

Export Import

Enabling provisions for import of inputs that are subjected to mandatory QCC

byAdmin12/03/202412/03/2024

DGFT issued Public Notice no. 50/2023 dated 11.03.2024 for enabling provisions for import of inputs that are subjected to mandatory Quality Control Orders (QCOs) by Advance Authorisation holders, EOU and SEZ. In exercise of powers conferred under paragraph 1.03 and…

GST Article

Amendment in SEZ Rules – reg.

byAdmin16/11/202316/11/2023

Mr. Alok Chaturvedi, Director General of the Export Promotion Council for EOUs and SEZs would like to take this opportunity to thank the D/o Commerce especially following – (i) Amendment in SEZ Rules for Hybrid working with permission for the…

GST in Media

SEZs should be allowed to sell goods in domestic market on payment of duty foregone on inputs: GTRI

byAdmin09/11/202309/11/2023

The government should consider allowing the sale of products manufactured in Special Economic Zones (SEZs) in the domestic market on payment of duty foregone on inputs as that would help promote value addition, think tank GTRI said on Tuesday. At…

GST ArticlePre-GST

Service provided by SEZ developer to unit within the SEZ are exempt from service tax

byCA Bimal Jain13/09/202313/09/2023

The CESTAT, Mumbai in M/s. Hiranandani Builders v. Commissioner of Service Tax-VII, Mumbai set aside the demand order and held that, the Revenue Department does not have authority of law to collect service tax on services provided by SEZ developer to units in SEZ within SEZ area.

GST in Media

CAG asks customs department to ensure periodic audit of SEZs

byAdmin23/12/202223/12/2022

The Comptroller and Auditor General (CAG) has asked the customs department to ensure periodic audits of Special Economic Zones (SEZs) are conducted. It also asked the customs department to ramp up its IT systems to track, monitor submission and renewal…

GST in Media

CBIC vetting paperless customs rules for SEZs

byAdmin25/07/202225/07/2022

A proposal for a completely paperless customs compliance framework for special economic zones (SEZs) is being reviewed by the Central Board of Indirect Taxes and Customs (CBIC), said officials. The framework will be in sync with new legislation proposed by…

Export ImportGST in Media

An export overhaul could see SEZs shifting from Videsh to DESH

byAdmin23/06/202223/06/2022

India is proposing to transform its narrow export-focused special economic zones (SEZs) into comprehensive economic hubs through several concessions and the easing of restrictions to attract more investment in these areas. Industrial units located in these hubs, which will be…

GST in Media

An export overhaul could see SEZs shifting from Videsh to DESH

byAdmin22/06/202222/06/2022

India is proposing to transform its narrow export-focused special economic zones (SEZs) into comprehensive economic hubs through several concessions and the easing of restrictions to attract more investment in these areas. Industrial units located in these hubs, which will be…

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