https://www.taxtmi.com/caselaws?id=801419 Refund of accumulated Compensation Cess input tax credit under the inverted tax structure requires independent satisfaction of the statutory conditions in Section 54(3). Credit eligibility and an inability to use Compensation Cess credit against other tax liabilities do not, by themselves, create a cash-refund entitlement. The restriction limiting use of such credit to payment of Compensation Cess does not remove the need to establish a qualifying refund category. Rule 89(5) provides a computation mechanism only after substantive eligibility is established. Circulars concerning Compensation Cess refunds for zero-rated supplies, including supplies under bond or letter of undertaking, do not extend an unconditional refund right to domestic supplies not subject to Compensation Cess. en-us Tue, 13 Oct 2026 00:00:00 +0530 Wed, 21 Oct 2026 08:37:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801419 Refund of accumulated Compensation Cess input tax credit under the inverted tax structure requires independent satisfaction of the statutory conditions in Section 54(3). Credit eligibility and an inability to use Compensation Cess credit against other tax liabilities do not, by themselves, create a cash-refund entitlement. The restriction limiting use of such credit to payment of Compensation Cess does not remove the need to establish a qualifying refund category. Rule 89(5) provides a computation mechanism only after substantive eligibility is established. Circulars concerning Compensation Cess refunds for zero-rated supplies, including supplies under bond or letter of undertaking, do not extend an unconditional refund right to domestic supplies not subject to Compensation Cess. Case-Laws GST Tue, 13 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801419