No Exemption from Compensation Cess to SEZ:  Andhra Pradesh HC [Read Order]

The Andhra Pradesh HC observed that no Exemption from Compensation Cess to SEZ
No Exemption - Compensation Cess - SEZ-Andhra Pradesh HC-TAXSCAN

The Andhra Pradesh High Court(HC) has held that exemption from compensation cess is not allowable for Special Economic Zones (SEZ) as per the Special Economic Zones Act, 2005 (‘the SEZ Act’). The petitioner is a company engaged in the business of Ferro Alloys manufacturing.  It was established as a SEZ unit per the terms of…

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