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You won't get a refund automatically - but you can still apply.
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Some time ago there was a huge uproar in the CS GO community when they changed it so you can't store CS GO gifts in your inventory anymore to avoid smurfing and if you gift it you will be hold accountable for the person you gift it to. I think they mentioned that they will use that system for all games that are VAC protected or use game bans from now on.
I couldn't find the source anymore but luckily Tirigon already linked the Support article about it :)
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Yep, you will lose an ability to gift that game if the user, to whom you gifted it, will get banned. I think it's a brilliant idea. No more low level VAC-banned accounts. Now they'll have to use their own credit card/Paypal to buy the game and possibly get banned completely from Steam. 👹 Justice!
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I still remember that poor kid who claimed he had 200 orders :D
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Game that has VAC can't be traded anymore, only giftable and only have option to "Add to libraries"
https://www.vg247.com/2016/08/05/steam-imposes-new-restrictions-on-gifting-multiplayer-vac-protected-games-could-impact-honest-users/
https://support.steampowered.com/kb_article.php?ref=1327-WUJX-5722
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i have left4dead 2 in my inventory i bought this same date as i bought the payday2 .. and the payday2 was tradable at january 31 but the left4dead was not tradable untill now and there is no date when it will be tradable.
can someone explain this?
screenshot: https://gyazo.com/92d4597108a9178a66fce717f76b5237
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