SEZ Act, 2005 overrides Finance Act 1994

Divi’s Laboratories Ltd. Vs Commissioner of Central Tax (CESTAT Hyderabad) It is submitted on behalf of appellant that appellant is an SEZ Unit. The chief contention of the Department for the part-rejection of the refund claim relates to service tax amount paid by the appellant on ocean freight services which is not included/covered under the approved list by the approval committee and hence not included in the appellant’s approved list of services. In this regard, the appellants submit that the issue of “ocean freight” was covered under the negative list until 01.06.2016. Further, the...