SEZ ENDORSEMENTS FROM SPECIFIED OFFICER

[Lakahman Gollapalli]

My client is Supplying Goods to SEZ Unit and he wants claim Refund of Unutilized ITC. But, the officer rejected the Claim by mentioning reason that, SEZ Endorsements of Invoices by Specified officer not submitted. How to get those documents from SEZ. is there any separate procedure and Format for that purpose. Guide me in this regard. Who is the refund processing officer as we dont know who is processing the refund. One of my friend said, if the refund is more than 10 lac it will go to higher authorities. If the refund is below Ten Lakh it will go to other authorities. is it Correct ?

AI Summary

Client's ITC Refund Denied Due to Missing SEZ Endorsements; Authorized Officer Endorsements Valid Post-July 5, 2022 A client supplying goods to a Special Economic Zone (SEZ) unit seeks a refund of unutilized Input Tax Credit (ITC), but the claim was rejected due to missing SEZ endorsements on invoices by a specified officer. The specified officer, as per SEZ Rules, 2006, is a customs official in the SEZ. Invoices must be endorsed by either a specified or authorized officer to validate receipt of goods for SEZ operations. From July 5, 2022, invoices endorsed by an authorized officer are sufficient for refunds. The refund process varies based on the claim amount, with higher amounts requiring higher authority approval.