https://www.taxtmi.com/caselaws?id=400246 Refund of unutilised input tax credit for zero-rated supplies to a Special Economic Zone is regulated by the statutory refund scheme and the prescribed rules. Section 54(3) allows refund only in specified situations, while the refund mechanism under Rule 89 places supplier-side claims for supplies to SEZ units or developers on the supplier, supported by the declaration that tax has not been collected from the SEZ recipient. Read with the IGST framework and Rule 89, the scheme distinguishes between refunds claimed by suppliers and claims advanced by the SEZ unit itself. On that basis, the SEZ unit's refund claim was treated as not maintainable and the rejection was upheld. en-us Mon, 10 Feb 2020 00:00:00 +0530 Fri, 21 Mar 2025 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400246 Refund of unutilised input tax credit for zero-rated supplies to a Special Economic Zone is regulated by the statutory refund scheme and the prescribed rules. Section 54(3) allows refund only in specified situations, while the refund mechanism under Rule 89 places supplier-side claims for supplies to SEZ units or developers on the supplier, supported by the declaration that tax has not been collected from the SEZ recipient. Read with the IGST framework and Rule 89, the scheme distinguishes between refunds claimed by suppliers and claims advanced by the SEZ unit itself. On that basis, the SEZ unit's refund claim was treated as not maintainable and the rejection was upheld. Case-Laws GST Mon, 10 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400246