MIC Initiates Public Consultation to Expand SEZ Goods Eligible for Zero VAT Rate

• MIC is launching a public discussion
• The discussion is about extending the list of goods sold in SEZs subject to zero VAT rate
• This move aims to boost economic activity in SEZs
• The public is invited to provide input and feedback on the proposed changes

Source: research.ibfd.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.