Exemption from duty / tax - No assessee can claim an exemption ...

High Court Rejects Challenge to 2017 Notification on Tax Exemption for World Bank-Funded Projects; No Inherent Right to Exemption.

March 20, 2023

Case Laws     Central Excise     HC

Exemption from duty / tax - No assessee can claim an exemption as a matter of right. No doubt, in this case an exemption had been granted in respect of duty liability in respect of those projects that have been funded by the World Bank and the assessees had been availing the benefit of this exemption from 1989 onwards. - The challenge to Notification dated 30.06.2017 is rejected. - HC

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