Messrs Meghmani Organochem Limited & Anr. Vs Union of India & Ors
Date: June 13, 2024
Subject Matter
SEZ Unit is entitled to claim a refund of accumulated ITC arising from zero-rated supplies made without tax payment (LUT/Bond)
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…
FULL TEXT OF THE JUDGMENT/ORDER OF GUJARAT HIGH COURT [1] By way of this petition under Articles 226 and 227 of the Constitution of India, the petitioner has approached this Court for the following prayers: “17(A) That Your Lordships may be pleased to issue a writ of prohibition or any other appropriate writ, order or direction completely and permanently prohibiting the respondents, their servants…