Exempt Yet Refundable: Decoding ITC Refund On Zero-Rated Supplies Under GST With Illustrations

Raj Jaggipro badge , Last updated: 10 January 2026  
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Zero-rated supplies under the Goods and Services Tax (GST) permit exporters and Special Economic Zone (SEZ) units to claim refunds of unutilized input tax credits, even when the outward supply is otherwise exempt under GST law. This position emerges from a combined reading of Sections 16(1) and 16(2

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Raj Jaggi
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Category GST   Report

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