Section 73 Assessment Orders Set Aside for Fresh Examination of SEZ RCM Claim: Madras HC

Neeyamo Enterprise Solutions Private Limited Vs Commercial Tax Officer (Madras High Court) The Madras High Court disposed of a batch of interconnected writ petitions challenging assessment orders passed under Section 73 of the Tamil Nadu Goods and Services Tax Act, 2017 (TNGST Act). The petitioner, an SEZ Unit incorporated in 2009 and approved by the Development Commissioner in 2014, with subsequent renewal and extension up to 26.04.2025, contended that the Special Economic Zones Act, 2005 grants various exemptions and benefits to SEZ developers and entrepreneurs holding a valid Letter of Appr...