Executive Summary:
This document contains three notifications from the Ministry of Finance, Department of Revenue, issued on July 5, 2017. The notifications concern customs and integrated tax related to Special Economic Zones (SEZ). It addresses exemptions and rescissions related to integrated tax on goods and services.
Key Points / Main Content:
Customs Exemption:
* Notification No. 64/2017 Customs exempts all goods imported by a unit or a developer in the Special Economic Zone for authorized operations.
* The exemption applies to the whole of the integrated tax leviable under Section 3(7) of the Customs Tariff Act, 1975, read with Section 5 of the Integrated Goods and Service Tax Act, 2017.
Integrated Tax Rate Rescission:
* Notification No. 17/2017 Integrated Tax Rate rescinds Notification No. 15/2017 Integrated Tax Rate, dated June 30, 2017.
* This rescission does not apply to actions already completed or omitted before the rescission date.
Integrated Tax Exemption for Services:
* Notification No. 18/2017 Integrated Tax Rate exempts services imported by a unit or a developer in the Special Economic Zone for authorized operations.
* The exemption applies to the whole of the integrated tax leviable under Section 5 of the Integrated Goods and Service Tax Act, 2017.
Impact Analysis:
Units and Developers in Special Economic Zones:
Impact: Benefit from exemptions on integrated tax for both imported goods and services used in authorized operations; must adapt to the rescission of a prior tax rate notification.
Action Required: Understand and comply with the new exemptions and the rescission, adjusting import and tax strategies accordingly.
Central Government (Ministry of Finance, Department of Revenue):
Impact: Implements and manages changes to tax regulations related to SEZs.
Action Required: Ensure proper enforcement and communication of the new regulations.
Key Entities Referenced
Ministry of Finance: The Indian government ministry responsible for financial matters.
Department of Revenue: A department under the Ministry of Finance, Government of India.
New Delhi: The location where the notification was issued.
Customs Act, 1962: An Indian law relating to customs duties and regulations.
Central Government: The Union Government of India.
Special Economic Zone: Designated area in India that has different economic regulations than other areas in the same country.
Customs Tariff Act, 1975: An Indian Act related to customs tariffs.
Integrated Goods and Service Tax Act, 2017: An Indian Act related to the Goods and Services Tax.
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ििििवववव(cid:7004)(cid:7004)(cid:7004)(cid:7004)तत तत मममम(cid:7074)(cid:7074)ंं(cid:7074)(cid:7074)ंं ााााललललयययय
((((ररररााााजजजज(cid:7021)(cid:7021)(cid:7021)(cid:7021)वव वव ििििववववभभभभाााागगगग))))
अअअअििििधधधधससससचचूूचचूू ननननाााा
नई (cid:7408)द(cid:7016) ली, 5 जुलाई, 2017
सससस.ंंंं 66664444////2222000011117777––––ससससीीीीममममााााशशशश(cid:7016)(cid:7016)ुु(cid:7016)(cid:7016)ुु कक कक
ससससाााा....ककककाााा....ििििनननन.... 888833333333((((अअअअ)))).—के(cid:7008)(cid:7076)ीय सरकार, सीमा शु(cid:7016) क अिधिनयम, 1962 (1962 का 52) क(cid:7409) धारा 25 क(cid:7409) उप-धारा
(1) (cid:7367)ारा (cid:7079)द(cid:7004) त शि(cid:7334)य(cid:7298) का (cid:7079)योग करते (cid:7263)ए, यह समाधान हो जाने पर (cid:7408)क लोकिहत म(cid:7286) ऐसा करना आव(cid:7019) यक ह,ै (cid:7079)ािधकृत
सं(cid:7408)(cid:7059)या(cid:7312) के िलए िवशेष आ(cid:7414)थक जोन म(cid:7286) क(cid:7409) (cid:7408)कसी इकाई या (cid:7408)कसी िवकासकता(cid:6981) (cid:7367)ारा आयात (cid:7408)कए गए सभी माल को,
एक(cid:7409)कृत माल और सेवा कर अिधिनयम, 2017 (2017 का 13) क(cid:7409) धारा 5 के साथ प(cid:7407)ठत सीमाशु(cid:7016) क टै(cid:7407)रफ अिधिनयम,
1975 (1975 का 51) क(cid:7409) धारा 3 क(cid:7409) उपधारा (7) के अधीन उस पर उ(cid:7006)गृहणीय संपूण (cid:6981) एक(cid:7409)कृत कर से छूट (cid:7079)दान करती ह ै ।
[फा .सं .डीजीईपी/एसईजेड/09/2017]
धम(cid:6981)वीर शमा,(cid:6981) अवर सिचव
MINISTRY OF FINANCE
(Department of Reveune)
NOTIFICATION
New Delhi, the 5th July, 2017
No. 64/2017- Customs
G.S.R. 833(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962
(52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby
exempts all goods imported by a unit or a developer in the Special Economic Zone for authorised operations, from the
4160 GI/2017 (1)(cid:32)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
whole of the integrated tax leviable thereon under sub-section (7) of section 3 of the Customs Tariff Act, 1975 (51 of
1975) read with section 5 of the Integrated Goods and Service Tax Act, 2017 (13 of 2017).
[F. No. DGEP/SEZ/09/2017]
DHARMVIR SHARMA, Under Secy.
अअअअििििधधधधससससचचूूचचूू ननननाााा
नई (cid:7408)द(cid:7016) ली, 5 जुलाई, 2017
सससस..ंं..ंं 11117777////2222000011117777–––– एएएएकककक(cid:7409)(cid:7409)(cid:7409)(cid:7409)ककककृृृृतततत ककककरररर ((((ददददरररर))))
ससससाााा....ककककाााा....ििििनननन.... 888833334444((((अअअअ)))).—के(cid:7008)(cid:7076)ीय सरकार, एक(cid:7409)कृत माल और सेवा कर अिधिनयम, 2017 (2017 का 13) क(cid:7409)
धारा 6 क(cid:7409) उपधारा (1) (cid:7367)ारा (cid:7079)द(cid:7004) त शि(cid:6989) तय(cid:7298) का (cid:7079)योग करते (cid:7263)ए, यह समाधान हो जाने पर (cid:7408)क लोकिहत म(cid:7286) ऐसा
करना आव(cid:7019) यक ह,ै भारत के राजप(cid:7074), असाधारण म(cid:7286) सा.का.िन. सं(cid:6990) यांक 740(अ), तारीख 30 जून, 2017 (cid:7367)ारा
(cid:7079)कािशत, भारत सरकार के िव(cid:7004) त मं(cid:7074)ालय (राज(cid:7021) व िवभाग) क(cid:7409) अिधसूचना स.ं 15/2017-एक(cid:7409)कृत कर (दर),
तारीख 30 जून, 2017 को, उन बात(cid:7298) के िसवाय िवखंिडत करती ह ै िज(cid:7008) ह े ऐस े िवखंडन से पूव(cid:6981) (cid:7408)कया गया था या
करने का लोप (cid:7408)कया गया था ।
[फा. सं. डीजीईपी/एसईजेड/09/2017]
धम(cid:6981)वीर शमा(cid:6981), अवर सिचव
NOTIFICATION
New Delhi, the 5th July, 2017
No. 17/2017 -Integrated Tax (Rate)
G.S.R. 834(E).—In exercise of the powers conferred by sub-section (1) of section 6 of the Integrated Goods and
Service Tax Act, 2017 (13 of 2017), the Central Government, on being satisfied that it is necessary in the public interest
so to do, hereby rescinds, except as respects things done or omitted to be done before such rescission, the notification of
the Government of India in the Ministry of Finance (Department of Revenue) No. 15/2017- Integrated Tax (Rate), dated
the 30th June, 2017, published in the Gazette of India, Extraordinary, vide number G.S.R. 740 (E), dated the 30th June,
2017.
[F. No. DGEP/SEZ/09/2017]
DHARMVIR SHARMA, Under Secy.
अअअअििििधधधधससससचचूूचचूू ननननाााा
नई (cid:7408)द(cid:7016) ली, 5 जुलाई, 2017
सससस..ंं..ंं 11118888////2222000011117777–––– एएएएकककक(cid:7409)(cid:7409)(cid:7409)(cid:7409)ककककृृृृतततत ककककरररर ((((ददददरररर))))
ससससाााा....ककककाााा....ििििनननन.... 888833335555((((अअअअ)))).—के(cid:7008)(cid:7076)ीय सरकार, एक(cid:7409)कृत माल और सेवा कर अिधिनयम, 2017 (2017 का 13) क(cid:7409)
धारा 6 क(cid:7409) उपधारा (1) (cid:7367)ारा (cid:7079)द(cid:7004) त शि(cid:6989) तय(cid:7298) का (cid:7079)योग करते (cid:7263)ए, यह समाधान हो जाने पर (cid:7408)क लोकिहत म(cid:7286) ऐसा
करना आव(cid:7019) यक ह ै और प(cid:7407)रषद क(cid:7409) िसफा(cid:7407)रश(cid:7298) पर, (cid:7079)ािधकृत सं(cid:7408)(cid:7059)या(cid:7312) के िलए िवशेष आ(cid:7414)थक जोन म (cid:7286) (cid:7408)क (cid:7408)कसी¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 3
इकाई या (cid:7408)कसी िवकासकता(cid:6981) (cid:7367)ारा आयात क(cid:7409) गई सेवा(cid:7312) को एक(cid:7409)कृत माल और सेवा कर अिधिनयम, 2017
(2017 का 13) क(cid:7409) धारा 5 के अधीन उस पर उद(cid:7061)हणीय संपूण(cid:6981) एक(cid:7409)कृत कर स े छूट (cid:7079)दान करती ह।ै
[फा .सं .डीजीईपी/एसईजेड-/09/2017]
धम(cid:6981)वीर शमा(cid:6981), अवर सिचव
NOTIFICATION
New Delhi, the 5th July, 2017
No. 18/2017 -Integrated Tax (Rate)
G.S.R. 835(E).—In exercise of the powers conferred by sub-section (1) of section 6 of the Integrated Goods and
Service Tax Act, 2017 (13 of 2017), the Central Government, on being satisfied that it is necessary in the public interest
so to do and on the recommendations of the Council, hereby exempts services imported by a unit or a developer in the
Special Economic Zone for authorised operations, from the whole of the integrated tax leviable thereon under section 5
of the Integrated Goods and Service Tax Act, 2017 (13 of 2017).
[F. No. DGEP/SEZ/09/2017]
DHARMVIR SHARMA, Under Secy.
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and Published by the Controller of Publications, Delhi-110054.