SEZ Procedure, Customs - Exim - SEZ

[Samir Gokhale]

I am working with an STPI unit and have recently started operations in SEZ unit. I belive that second hand capital goods can be transferred in SEZ unit under 80:20 ratio (new:used). However we do not get any tax exemption. Wish to know how this 80:20 formula works. What procedure / documentation is to be followed while transferrnig goods under 80:20 ratio and what types of accounts we need to maintain at unit when such used capital goods are transferred under this ratio.

Posts / Replies

[Pradeep Khatri]

According to my knowledge there is no such formula mentioned in the SEZ Act and Rule.  If you have any idea in this regard then please share it.

[nv n]

THERE IS A PROCEDURE FOR THE SAME, NEED TO BE CAREFULY EXAMINED. CAN discuss through [email protected]