Orissa HC asks review of cement unit VAT reimbursement denial
In short
The Orissa High Court told officials to look again at a cement unit’s VAT reimbursement claim. The claim was rejected because the unit was said to have been set up before IPR 2007.
What the reporting says
The Orissa High Court directed reconsideration of a cement unit’s VAT reimbursement claim after it was rejected for allegedly lacking Thrust Sector status because it was already operating before IPR 2007.
Why it matters
The Orissa High Court directed reconsideration of a cement unit’s VAT reimbursement claim after it was denied on the ground that the unit was already in existence before IPR 2007.