SEZ unit can claim ITC refund on Input services for Authorised operations: Bombay HC

Advertisement Lupin Limited Nagpur Vs State of Maharashtra And Ors. (Bombay High Court) SEZ unit eligible to claim refund of ITC in respect of Input services used for Authorised operations: Bombay HC The Petitioner, an SEZ unit preferred a refund claim before respondents in terms of Section 54 Read with Rule 89 in respect of unutilised ITC on account of export of goods under an LUT. However, the Respondents rejected the refund claim filed by the Petitioner on the grounds that the Petitioner being an SEZ unit, is not a person prescribed under the provision of law to claim refund. Refund can ...