News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax | PPE Safety Kit SITRA Approved | PPE Safety Kit
Tally.ERP 9: Your one-stop solution from accounting to compliance. Inspired by the way you work, Tally is designed to delight you.
Service Tax »
 How to claim income tax deduction for investments made in April - July 2020
 Home loan moratorium can affect tax benefits
 Income Tax Saving options: Invest in these schemes to save money in last minute
 Wish to save tax? Invest in these schemes before June 30
 Companies will have to reverse tax credit availed on goods destroyed due to Covid-19 lockdown
  Online property tax payment finally gaining ground in city
  Here's how income tax is calculated on your salary
 SBI cuts lending rates, India's tax-GDP ratio falls and more
 Income tax return forms for FY 2020-21 notified
 Deadline extension: A golden opportunity for PPF, SSY investors, but not so glittering for tax savers
 What is digital tax and why is India under investigation?

Special Economic Zones & Service Tax Issues & Implications
January, 29th 2009
Special Economic Zones (SEZs) are designated duty free enclaves which are considered as deemed foreign territories for the purpose of trade operations, duties and tariffs. Several exemption and concessions to SEZ developers and SEZ units from various taxes and duties have been granted by the Government with a view to boost exports and investments. Tax benefits promised to SEZs by the Government has never been free from ambiguities. As regards service tax, the perception has been that SEZ developers and SEZ units enjoy complete exemption from service tax and that there are no service tax implications. However, it would be interesting to note that there are certain restrictions to this exemption and the provisions of SEZ Act and the Service Tax legislations are not in consonance with each other.
Home | About Us | Terms and Conditions | Contact Us | PPE Kit SITRA Approved | PPE Safety Kit
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting