TaxTMI 
TaxTMI 
An Export unit had accumulated ITC credit un- utilised in the electronic credit ledger and during the year the exporter moved his business unit to SEZ. Any possibility to claim the un- utilised credit from department.
Claim of ITC Lying Electronic credit ledger
11 Nov 2022 
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Unutilised Input Tax Credit refund available when exporter shifts operations to SEZ under LUT, subject to verification.
Claim whether an exporter who moved operations to a Special Economic Zone may claim refund of unutilised Input Tax Credit in the electronic credit ledger. Refunds are generally admissible for unutilised credit and are available for exports under a Letter of Undertaking, subject to verification, documentation and factual conditions such as continuity of PAN and the nature of the business transfer. (AI Summary)
Claim whether an exporter who moved operations to a Special Economic Zone may claim refund of unutilised Input Tax Credit in the electronic credit ledger. Refunds are generally admissible for unutilised credit and are available for exports under a Letter of Undertaking, subject to verification, documentation and factual conditions such as continuity of PAN and the nature of the business transfer. (AI Summary)