Can unutilized Input tax credit be allowed as refund?

Can unutilized Input tax credit be allowed as refund?
Question 2
Bill
Refunds
Faq On GST (2nd Edition) Dated 31.3.2017
Q 2. Can unutilized Input tax credit be allowed as refund?
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 without payment of tax;
(ii) Where credit has accumulated on account of rate of tax on inputs being higher than the

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