Gujarat HC Allows Refund of ISD-Distributed IGST Credit to SEZ Unit

Ajanta Pharma Limited Vs Union of India & Ors (Gujarat High Court) Summary unit is eligible to claim a refund of unutilized Integrated Goods and Services Tax (IGST) credit distributed by an Input Service Distributor (ISD) under Section 54(3) of the Central Goods and Services Tax Act, 2017 (CGST Act). Background and Petitioner’s Case Ajanta Pharma Limited, an SEZ unit engaged in the manufacture and export of medicines, received input services proportionately distributed by its ISD under the provisions of the CGST Act. The ISD distributed IGST credit, but since the SEZ unit made zero-rated...