VAT Refunds – SEZ Units – Advantageous Judgement by Hon’ble HC Karnataka

Cerner Healthcare Solutions Pvt.  Ltd. Vs. Additional Commissioner Of Commercial Taxes (Karnataka High Court) Introduction SEZ Units have been given with an option to claim Refund under VAT Laws. As per the provisions of sub section (2) of Section 20 of the Karnataka Value Added Tax Act, 2003, “Tax paid under this Act on purchase of inputs by a registered dealer who is a developer of any special economic zone or an unit located in any special economic zone established under authorization by the authorities specified by the Central Government in this behalf, shall be refunded or deducted fr...