Case LawR/Special Civil Application No. 1202 of 2024
Messrs Meghmani Organochem Limited & Anr. Vs Union of India & Ors
- Court:
- High Court
- Bench:
- Gujarat
- Date:
- June 13, 2024
- Type:
- Special Civil Application
- Members:
- BHARGAV D. KARIA, NIRAL R MEHTA
Subject
SEZ Unit is entitled to claim a refund of accumulated ITC arising from zero-rated supplies made without tax payment (LUT/Bond)
Input Tax CreditRefundInput Service DistributorSpecial Economic ZoneLetter Of Undertaking
Summary
The petitioner, a company with an SEZ Unit at Dahej, exports manufactured goods without payment of tax (under LUT/Bond). This resulted in an accumulation of unutilized ITC (Input Tax Credit) from the GST paid on input supplies. The petitioner lodged…