New SEZ notification needs clarity: KPMG
New SEZ notification needs clarity: KPMG
New Delhi: The government should further clarify its stand regarding the latest notification on special economic zones (SEZs) and make the cumbersome procedure more streamlined, global consultancy services firm KPMG International said.
“(The) government should clarify as to whether the new notification is optional because as per the SEZ Act the services provided to the SEZ units are completely exempt from service tax," KPMG India executive director (Indirect taxes) Pratik Jain said.
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