Each SEZ unit requires a separate GST registration

The draft registration rules released on April 1, now provide that a SEZ unit or SEZ developer shall make a separate application for registration as a business vertical, distinct from its other units located outside the SEZ zone. Many large companies, especially in the Pharma, or IT-ITeS sector have set up units in SEZs. Thus, if an IT company has three units in an SEZ in Karnataka and four outsid…