A control circuit of a zero current controlled dimming circuit having a high side power switch, a low side power switch and an inductor, having: an error circuit, providing a compensation signal based on a reference signal and a current sense signal indicative of an output current; a compensation circuit, providing a compensation off time signal based on the compensation signal and a peak value sample and hold signal indicative of a peak value of an inductor current; and a control signal generating circuit, providing a low side switch control signal to control the low side power switch based on the compensation off time signal, wherein after the inductor current decreases to zero, the low side power switch maintains on for a compensation off time period determined by the compensation off time signal.