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of <h1>Clarification on Refund Process for Compensation Cess under GST for Exporters and SEZ Suppliers: Key Guidelines Outlined.</h1> The circular clarifies the refund process for compensation cess to exporters and suppliers to Special Economic Zones (SEZs) under the GST framework. It specifies that refunds of unutilized input tax credit (ITC) are available for zero-rated supplies without payment of Integrated GST (IGST). However, accumulated cess credit is not refundable unless the goods supplied are subject to a cess levy. If goods are supplied without IGST payment and do not attract cess, no cess refund is available. Refunds are only permissible if the goods involved in zero-rated supply are subject to cess. Tax officers are advised to consider these guidelines when processing refund claims.
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