|The Tax Publishers
Special Economic Zone Unit/Developer--Reverse Charge on Services Received
CMA. Sudha Rani V.
The learned author in this Article deals with the issue of Reverse Charge on Supply of goods or services or both to a Special Economic Zone (SEZ) Developer or a SEZ Unit are Zero Rated Supplies.
Supplies made to SEZ unit or Developer :--
A registered person making zero rated supply shall be eligible to claim refund
(i) under bond or Letter of Undertaking without payment of integrated tax and claim refund of unutilised input tax credit; or
(ii) on payment of integrated tax and claim refund of such tax paid on goods or services or both supplied in accordance with section 16 of IGST Act, 2017.
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