SE Forge Limited Vs Union Of India
Date: February 3, 2023
Subject Matter
Accumulated ITC of an SEZ unit in respect of supplies received from non-SEZ suppliers is liable to be refunded
Summary
The case involves M/S SE Forge Limited, a Special Economic Zone (SEZ) unit engaged in manufacturing of engineering components, which purchased goods from non-SEZ suppliers and was unable to utilise the credit available in the Electronic Credit Ledger…
FULL TEXT OF THE JUDGMENT/ORDER OF GUJARAT HIGH COURT 1. The petitioner is a SEZ unit engaged in manufacturing of engineering components, tower flanges and bearing rings for wind energy sector and various flanges for other industries holding GSTIN No.24AAKCS1047G1Z. It is authorized to operate as a Special Economic Zone at Vadodara, Gujarat and is engaged in the export of goods under L…