Refund of Cess

[Bharat Cholleti]

Dear sir,

Accumulated credit of cess is eligible to claim refund, please clarify

[Rajagopalan Ranganathan]

Sir,

Please specify the nature of cess accumulated.

[Shilpi Jain]

The refund can be claimed in case you have made a zero rated supply without payment of tax i.e. under LUT.

[KASTURI SETHI]

I agree with the view of Madam Shilpi Jain.

[KASTURI SETHI]

Compensation cess will not be charged on goods exported under bond or LUT. See circular no.1/1/2017-Compensation Cess dated 26.7.17.

[Himansu Sekhar]

No refund is allowable if you are not exporting any goods

[Bhavika Chothani]

Refund is available only if it relates to export of goods. Else you cannot take the refund

AI Summary

Compensation cess refund: available only for accumulated cess tied to zero-rated exports supplied under LUT or bond. Refund of compensation cess is permissible only where the accumulated cess credit relates to zero-rated supplies - exports made without payment of tax under a Letter of Undertaking (LUT) or under bond; if the cess does not pertain to exports, no refund is available.