Relief to Shapoorji Pallonji & Company Ltd , Tax Exemption for services provided to SEZ u/s 26 SEZ Act cannot be denied on Procedural Lapse: CESTAT

CESTAT has ruled that tax exemption for services provided to SEZ under Section 26 of the SEZ Act cannot be denied on procedural lapse, providing relief to Shapoorji Pallonji Company Ltd. This decision emphasizes the importance of substantive compliance over procedural formalities. The tribunal's ruling ensures that genuine exemptions are not denied. This judgment protects taxpayers from unwarranted demands. The ruling underscores the need for fair administrative practices.