Independent manufacturing undertaking eligibility preserves Section 80IA/80IB deductions, while machinery kept ready for use qualifies for depreciatio...
Assessing Officer Satisfaction Requirement Bars Penalty for Cash Receipt in Immovable-Property Sale Cases Where Initiation Lacks Recorded Satisfaction...
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GST refund provisions for unutilised input tax credit do not restrict refund applications to suppliers making supplies to SEZ units. The relevant refund rule identifies suppliers as one category of applicants but does not exclude an SEZ unit from claiming its own refund. Reading such a restriction into the statutory scheme would impermissibly add a limiting condition. SEZ units are therefore entitled to have eligible refund claims processed under the GST refund framework, and orders rejecting the claim on that restrictive basis were set aside.
GST refund provisions for unutilised input tax credit do not restrict refund applications to suppliers making supplies to SEZ units. The relevant refund rule identifies suppliers as one category of applicants but does not exclude an SEZ unit from claiming its own refund. Reading such a restriction into the statutory scheme would impermissibly add a limiting condition. SEZ units are therefore entitled to have eligible refund claims processed under the GST refund framework, and orders rejecting the claim on that restrictive basis were set aside.
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