Unutilised ITC of compensation cess allowed as refund even when goods are exported on payment of IGST

Atul Limited & Anr Vs Assistant Commissioner (Gujarat High Court) Gujarat High Court held that the refund of unutilised Input Tax Credit of Compensation Cess is admissible even if the goods are exported on payment of Integrated Goods and Services Tax [IGST]. Accordingly, the present petition is allowed and refund is granted. Facts- The petitioner no.1 company is engaged in the manufacture and sale of various chemical products including the supply of the said products to SEZ units as well as exports outside India. The petitioner is registered under the provisions of the Central/State Gods ...