Refund of Cess

[Bharat Cholleti]

Dear sir,

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

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.