Why Import Of Services By Sez Needs Exemption Specifically
SEZ Migration to GSTSales by SEZ to DTARefund of taxes charged on supplies to SEZ Why import of services by SEZ needs exemption specifically? Import of Services is liable to GST under reverse charge mechanism under Section 5(3) of the IGST Act, 2017 but import of services by SEZ are exempt from GST vide Notification 18/2017 –IT (R) dated July 5, 2017;Section 26(2) of the SEZ Act enumerates the list of fiscal benefits extended to SEZ units and developers....