Case Law Details
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 from the output tax payable by such dealer subject to such conditions and in the manner as may be prescribed”.
Based on the above said provisions of the KVAT Act, 2003. All the SEZ Units are eligible for refund of Input tax paid on the purchase of goods from the registered dealers used for the purpose of authorized operations which are approved by the Approval Committee of the Cochin SEZ authorities respectively.
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