Most asked questions from the Government on GST.
Question 23
How will Exports be treated under GST?
Question 5, click Here
Ans. Exports will be treated as zero rated supplies.
No tax will be payable on exports of goods or services,
however credit of input tax credit will be available
and same will be available as refund to the exporters.
States/ Union territory would be called the State GST (SGST)/ UTGST.
The Exporter will have an option to either pay tax on the output and claim refund of
IGST or export under Bond without payment of IGST and claim refund of Input Tax Credit (ITC).
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