https://www.taxtmi.com/caselaws?id=204534 Exemption for services used in an SEZ is confined to taxable services provided for authorised operations and consumed within the Special Economic Zone. Banking and financial services used to raise funds through an initial public offer for an SEZ unit were treated as services rendered to and consumed at the corporate office outside the SEZ, so they did not qualify merely because the funds related to an SEZ project. The discussion also notes that later 2009 notifications did not assist where the tax payment and refund claim arose earlier, outside their operative scope. en-us Tue, 29 Jun 2010 00:00:00 +0530 Wed, 08 Jun 2011 18:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204534 Exemption for services used in an SEZ is confined to taxable services provided for authorised operations and consumed within the Special Economic Zone. Banking and financial services used to raise funds through an initial public offer for an SEZ unit were treated as services rendered to and consumed at the corporate office outside the SEZ, so they did not qualify merely because the funds related to an SEZ project. The discussion also notes that later 2009 notifications did not assist where the tax payment and refund claim arose earlier, outside their operative scope. Case-Laws Service Tax Tue, 29 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204534