High Court Confirms SEZ Developer's Right to Input Tax Credit Refund Under KVAT, Highlighting Section 20(2) Importance.
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....Benefit of refund of tax paid on purchase of inputs as Special Economic Zone (SEZ) Developer - KVAT - The technicalities shall not come in the way of giving some reliefs. Hence, Section 20(2) has a over-riding effect - assessee is entitled for refund of input tax credit - HC....
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