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Refund u/s 54

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(Querist)
09 August 2021 I am in an assignment of filling a refund u/s 54. In such assignment, one of the sales includes, penultimate sale.
I am getting mix of opinions about the nature of head under which sub section refund will be claimed of accumulated ITC.
Can someone provide a good discussion, about whether it would be under:
Inverted Tax structure or
Deemed Export or
Excess ITC refund or
Zero- Rated supply or
No refund?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 August 2021
The taxpayers can claim the refund of accumulated ITC in the following situations:

When an inverted tax structure prevails in the business.
With respect to the export of goods or services made without a tax payment by reporting the Letter of Undertaking (LUT) or bond.
In case of supplies to Special Economic Zone (SEZ) units or developers without a tax payment.
In which case of refund you fall.
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