Integrated Tax Exemption to SEZ
15/2017-Integrated Tax (Rate) ,dt. 30-06-2017:
Notification for Exemption from Integrated Tax to SEZ
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No. 15/2017-Integrated Tax (Rate)
New Delhi, the 30th June, 2017
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 6 of the Integrated Goods and Service Tax Act, 2017 (13 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts all goods or services or both imported by a unit or a developer in the Special Economic Zone, from the whole of the integrated tax leviable thereon under sub-section (7) of section 3 of the Customs Tariff Act, 1975 (51 of 1975) for authorised operations.
2. This Notification shall come into force with effect from the 1st July, 2017.
( Dharmvir Sharma)
Sub-section (1) of Section 6
6. (1) Where the Government is satisfied that it is necessary in the public interest so to do, it may, on the recommendations of the Council, by notification, exempt generally, either absolutely or subject to such conditions as may be specified therein, goods or services or both of any specified description from the whole or any part of the tax leviable thereon with effect from such date as may be specified in such notification.
Sub-section (7) of Section 3
( 7) The duty chargeable under this section shall be
in addition to any other duty imposed under this Act or
under any other law for the time being in force.
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