Sudeshna Banerjee

Lakshmikumaran & Sridharan are most popular: within Compliance and Transport topic(s) with readers working within the Accounting & Consultancy and Law Firm industries The computation of refunds of accumulated Input Tax Credit (‘ITC’) by Special Economic Zone (‘SEZ’) units has recently become the subject of scrutiny by tax authorities.

The legislative scheme of GST acknowledges that taxpayers may occasionally commit inadvertent errors in reporting tax liabilities and therefore provides mechanisms for self-correction without immediately triggering adjudication proceedings. This philosophy finds clear expression in Section 73 of the CGST Act, 2017 which governs determination of tax not paid, short paid, or erroneously refunded in cases not involving fraud, wilful misstatement, or suppression of facts.

Does GDPR-Compliant Automatically Mean DPDPA-Compliant? While GDPR is often regarded as a global benchmark, the DPDPA introduces India-specific obligations that cannot be addressed through a direct transposition of existing GDPR or PDPA compliance frameworks. Introduction India formally enforced the Digital Personal Data Protection Act, 2023 (DPDPA) on November 14, 2025.