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TMI BlogRemoval of Goods from SEZ to DTA units and payment of Duties:X X X X Extracts X X X X X X X X Extracts X X X X ..... Removal of Goods from SEZ to DTA units and payment of Duties: X X X X Extracts X X X X X X X X Extracts X X X X ..... to SEZ units as well as SEZ developers equally. The provisions of Rule 49 may be summarized as under: A. Removal of Capital Goods from SEZ to DTA - Capital goods can be removed from SEZ to DTA on depreciated value for the purpose of payment of duty. - Where the capital goods acquired on or before commencement of production, depreciation will be calculated from date of commencement - Where t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he capital goods acquired after commencement of production, depreciation will be calculated after the date of put to use. - Depreciation is allowed on SLM (Straight Line Method) - Rates of Depreciation will be as follows: For computers and computer peripherals: - First Year - 10% for every quarter - Second Year - 8% for every quarter - Third Year - 5% for every quarter - Forth Year - 1% f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or every quarter - Fifth Year - 1% for every quarter For other capital goods - First Year - 4% for every quarter - Second Year - 3% for every quarter - Third Year - 3% for every quarter - Forth Year - 2.5% for every quarter - Fifth Year - 2.5% for every quarter - Sixth Year onwards - 2% for every quarter Duty shall be payable on depreciated value of capital goods at the rate in force on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the date of removal of such goods. Quarter means - Full Quarter or Part of Quarter B. Where the goods brought back in SEZ unit for repair: - SEZ untit requires to pay duty on the value of repair - Goods may be brought back within 6 months or within warranty period whichever is later or within extended period as may be permitted. C. From SEZ to DTA where originally received from DTA - Where ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... export benefits availed at the time of receipt of goods from DTA to SEZ units - duty is payable equal to export benefits availed. - Where no export benefits availed - no duty is payable D. Residuary provision for supply form SEZ to DTA - Imported goods after payment of duty in SEZ may be cleared to DTA without payment of duty - subject to identity proof. - Used packing material may be cleared ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to DTA without payment of duty. - Metal containers not eligible for benefit of abatement. - No duty is payable on donation of Computer and computer peripherals, including printer, plotter, scanner, monitor, key board and storage units (whether imported or procured from Domestic Tariff Area) - to the recognized non-commercial educational institutions or registered charitable hospitals or public ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... libraries or public funded research and development establishments or organizations of Government of India or Government of a State or Union Territory, after two years of admission of goods and use by a Unit, X X X X Extracts X X X X X X X X Extracts X X X X
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