Can unutilized Input tax credit be allowed as refund?

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..... ? Ans. Unutilized input tax credit can be allowed as refund in accordance with the provisions of sub-section (3) of section 54 in the following situations: - (i) Zero rated supplies made with .....

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..... es or both avails of drawback in respect of central tax or claims refund of the integrated tax paid on such supplies. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, .....

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