Supreme Court Rules on SEZ Duty

The Supreme Court of India recently made an important decision about taxes on electricity.

They said that electricity generated in a Special Economic Zone (SEZ) and supplied to the regular area (DTA) should not have customs duty.

This is because the SEZ is treated like a foreign territory for tax purposes.

The court also said that the government cannot use a rule meant to give tax breaks to instead impose taxes.

This decision is important for businesses in SEZs and the government needs to study it carefully to make sure the laws are clear and fair.