GST treatment of supplies made from erstwhile tax free zones

By | August 1, 2017
(Last Updated On: August 1, 2017)

Question : What is the treatment of supplies made from erstwhile tax free zones?

Answer: Since GST is a destination based consumption tax with seamless transfer of ITC credit, no exemptions
are accorded to supplies made by erstwhile tax free zones. Accordingly, the goods cleared from erstwhile
tax free zones would be subjected to GST from the appointed day (01st July, 2017).

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About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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