Supreme Court strikes down customs duty on SEZ power, Adani Power wins relief
NEW DELHI: In a significant relief for Adani Power Ltd, the Supreme Court on Monday ruled that customs duty cannot be levied on electricity supplied from a Special Economic Zone (SEZ) to the domestic market, setting aside a 2019 Gujarat High Court judgment and freeing the company from the levy on power generated at its Mundra plant.
A bench of justices Aravind Kumar and NV Anjaria held that the levy lacked the authority of law and that the government cannot retain amounts collected under an invalid tax.
