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Drawback benefits for DTA supplies to SEZ units

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..... Drawback benefits for DTA supplies to SEZ units
Query (Issue) Started By: - Swagath S Dated:- 8-6-2020 Last Reply Date:- 8-6-2020 Other Topics
Got 1 Reply
Indian Laws
Dear Sir, Rule 24 o .....

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..... f SEZ Rules provides for drawback benefits to supplies by DTA unit to SEZ units. Further, Rule 30 of SEZ Rules, provides for procedures for supplies from DTA unit to SEZ unit which also prescribes th .....

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..... at the payment for such supply shall be received from foreign currency account. As per the above, can drawback be claimed even though the payment from the SEZ unit is received in INR. ? Whether it c .....

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..... an be argued that requirement of payment in foreign currency is procedural in nature and is condonable.?? Thank you Regards Swagath S Reply By YAGAY andSUN: The Reply: No it is not a procedural i .....

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..... n nature but it is a statutorily mandatory requirement to get the remittance in foreign currency if goods are being supplied from DTA to SEZ for seeking export benefits and incentives.
Discussion .....

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..... Forum - Knowledge Sharing .....

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