[amp_mcq option1=”By SEZ unit in India” option2=”To SEZ unit in India” option3=”Both A and B above” option4=”None of the above” correct=”option3″]<\/p>\n
The correct answer is: C. Both A and B above<\/strong><\/p>\n Zero-rated supply is a supply of goods or services that is not subject to GST. Supplies made by SEZ units in India and supplies made to SEZ units in India are both zero-rated supplies.<\/p>\n A SEZ unit is a unit that is located in a Special Economic Zone (SEZ). SEZs are areas that are designated by the government of India as being free from certain taxes and duties. This includes GST. As a result, supplies made by SEZ units in India are not subject to GST.<\/p>\n A supply made to a SEZ unit is also a zero-rated supply. This is because the goods or services that are supplied to a SEZ unit are ultimately used in the SEZ, which is a tax-free zone. As a result, the GST on these supplies is not payable.<\/p>\n It is important to note that not all supplies made to SEZ units are zero-rated supplies. For example, supplies of goods or services that are used for personal consumption by the employees of a SEZ unit are not zero-rated supplies.<\/p>\n I hope this explanation is helpful. Please let me know if you have any further questions.<\/p>\n","protected":false},"excerpt":{"rendered":" [amp_mcq option1=”By SEZ unit in India” option2=”To SEZ unit in India” option3=”Both A and B above” option4=”None of the above” correct=”option3″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[704],"tags":[],"class_list":["post-35283","post","type-post","status-publish","format-standard","hentry","category-legal-aspects-of-business","no-featured-image-padding"],"yoast_head":"\n