This is to update you on procedure prescribed by the Office
of the Development Commissioner, Karnataka Sub Zone (the “Office”) to be
followed by Special Economic Zone (“SEZ”) developers/ units for endorsement of
invoices across Karnataka SEZ Zone. In this regard, please find below the
summary of instructions:
·
Background:
–
As per Rule 89 of CGST Rules, 2017, the invoices
for supply of goods or services or both by the supplier to SEZ developers/
units are required to endorsed by Specified Officer in the SEZ for the purpose
of claiming refund by such supplier.
–
The procedure for endorsement of invoices in
respect of goods has been prescribed under Rule 30(4) of SEZ Rules, 2006.
However, there is no prescribed procedure to be followed for endorsement of
invoices in respect of services.
–
In order to ascertain the receipt of services,
different sets of documents/ details are being called for by the Specified
Officers.
–
Therefore, the Office has prescribed the
procedure to bring uniformity for endorsement of invoices in respect of
services.
·
Prescribed procedure for services:
–
Original invoice to be produced before Specified
Officer along with request letter for the purpose of endorsement.
–
The invoice should have endorsement by the
authorized signatory to the effect that “the service is received and
utilized for the authorized operations of the SEZ”
–
SEZ developer/ unit to produce relevant
ledger to prove that invoice for supply of service is duly accounted in books
of accounts
o In
case of any change in accounting of invoice, SEZ developer/ unit to inform the
Specified Officer
–
Details of payments may not be insisted upon
except in rare cases as same is verified by GST officers
o If
required, then SEZ developer/ unit to furnish the same in writing
–
The Specified Officer to endorse only one
copy of the invoice for which SEZ units may approach the respective Specified
Officers
·
Prescribed procedure for goods [Rule 30(4) of
SEZ Rules, 2006]:
–
The invoices containing the seal of the security
gate entry can be produced before authorized officer for endorsement after
entry of particulars on online portal “sezonline-ndml.co.in”
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