https://www.taxtmi.com/caselaws?id=181888 The Court ruled in favor of the petitioner, holding that goods in a Special Economic Zone are not subject to sales tax under the Central Sales Tax Act until they cross customs frontiers and are cleared for home consumption. The judgment emphasized the Special Economic Zones' unique status as foreign territories for trade operations, exempting them from domestic taxation until specific events occur. The Court set aside the sales tax assessment, ordering a refund of the amount deposited for the detained goods. en-us Tue, 03 Mar 2015 00:00:00 +0530 Mon, 17 Oct 2016 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181888 The Court ruled in favor of the petitioner, holding that goods in a Special Economic Zone are not subject to sales tax under the Central Sales Tax Act until they cross customs frontiers and are cleared for home consumption. The judgment emphasized the Special Economic Zones' unique status as foreign territories for trade operations, exempting them from domestic taxation until specific events occur. The Court set aside the sales tax assessment, ordering a refund of the amount deposited for the detained goods. Case-Laws VAT and Sales Tax Tue, 03 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181888