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InterviewSolution
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What Is Form I Used For, In Case Of Central Sales Tax (cst)? |
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Answer» Special Economic Zone (SEZ) is a SPECIFICALLY delineated duty free enclave and shall be deemed to be foreign territory for the purposes of trade operations, duties and tariffs. Under the CST Act, SUPPLIES made by a REGISTERED dealer to a unit in the Special Economic Zone (SEZ) will not be SUBJECT to CST, provided such unit furnishes a declaration in I Form. Special Economic Zone (SEZ) is a specifically delineated duty free enclave and shall be deemed to be foreign territory for the purposes of trade operations, duties and tariffs. Under the CST Act, supplies made by a registered dealer to a unit in the Special Economic Zone (SEZ) will not be subject to CST, provided such unit furnishes a declaration in I Form. |
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