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CMA Final · Indirect Tax Laws and Practice · Zero Rated Supplies and Deemed Exports

Which statement about the documents to accompany a refund application relating to supplies to an SEZ unit or developer is correct under rule 89(2) of the CGST Rules?

The application must carry a statement of invoices with evidence of the endorsement by the specified officer, and a declaration that tax has not been collected from the SEZ unit or developer. The older declaration about the SEZ unit not availing ITC has been replaced.

  1. AOnly the shipping bill number is needed for such supplies
  2. BThe statement of invoices with endorsement evidence, and a declaration that tax has not been collected from the SEZ unit or developerCorrect
  3. CA declaration that the SEZ unit has not availed ITC of the tax paid
  4. DA certificate of a chartered accountant that the supplier is registered

Explanation

Clause (d) requires a statement of invoices with evidence of the specified officer's endorsement for supply of goods, and clause (f), as substituted, requires a declaration that tax has not been collected from the SEZ unit or developer. The earlier declaration about the SEZ unit not availing ITC was substituted, so option C is outdated.

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