How to get refund of GST tax paid by an Exporter?

 

What is Goods and Service Tax (GST)

GST, frequently asked Questions

 

How does GST tax refund work under Export transactions?

 

How to get refund of GST tax paid by an ExporterIn this post the details on refund of Goods and Service Tax paid in exports are explained.


Let us discuss the tax refund system to exporter at present:


There are three options to get refund of taxes paid by an exporter on exported goods:


1. Obtaining non duty paid inputs and exporting final product without payment of duty.


2. Obtaining duty paid inputs and claiming refund of the same at the time of export of the finished goods without payment of duty.


3. Obtaining duty paid inputs, availing the input tax credit thereon and exporting finished goods after payment of duty (after utilizing such input tax credit) and thereafter claiming the rebate of the duty paid on exported goods.
 

How to get refund as per GST system of refunds to exporter?
 

It is recommended that the first option mentioned above i.e. option to procure duty free inputs for exported goods should not be available in the GST regime. This would obviate the requirement of submission of statutory form and the supplier of goods to the actual exporter would be required to pay the GST and will not be required to comply with various formalities presently required for making tax free supplies.


It is further recommended that other two options may be made available to the exporter in the proposed GST regime. It is recommended that GST Law drafting Committee may provide for the provision of rebate and the legality of the same will be examined at the time of vetting of the GST law by the Law Ministry.

Click here to know GST rate on Goods and Services

GST Exemption list of goods and services

Find HSN number or Service tariff code for GST

GST registration guidelines

Indian GST Laws

How to export your goods?

How to get GST refund amount sanctioned

Are there any minimum amount fixed under GST refund?          

How long will take to get refund of GST

How many copies to be submitted for refund of GST

Proof of receipt of GST refund application

Documents required to claim refund of GST tax

Time period to file for GST refund

GST refund forms

GST refunds to International Tourists

Refund of GST on year end or volume based incentives

Refund of GST on carry forward input tax credit

Refund of GST on tax credit on inputs

Refund of GST to CSD canteens, para military forces canteen etc

Refund of GST tax on deposit under investigation

Refund of amount deposited for GST appeal

Finalization of provisional assessment under Goods and Service Tax refunds

Refund of GST tax on excess payment due to mistake or inadvertentce

When does GST tax to be refunded?

GST refund for deemed exporters

Documents required for GST refund for service exporters

Verification of documents for refund of GST to exporters

Refund of GST to Exporter, Documents required to be enclosed

Process of GST refund to Exporter

How to get refund of GST tax paid by an Exporter?

What is GST Tax rate for Exports

GST and Exports, how is taxes reimbursed on Exports?

Adjustment of GST refund amount ?

Does GST refund amount attract interest?


The details on how to get refund of GST tax to exporter is given above.

 

What happens if your buyer rejects cargo? What are the major problems if consignee not taken delivery of cargo?

How to get export order from foreign buyers?

How to get RCMC from Export Promotion Councils

How to hide invoice value of original contract under high sea sale transactions

How to know the quality, quantity or contents of goods before import customs clearance

How to know volume of LCL cargo if not measured at factory

Transferability of Bill of Lading

Transhipment - A redefinition

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

Types of Insurance Documents.

How to make DA mode of payment safe

How to make delay in delivery of Shipment?

How to minimize import cargo clearance time? An open logic proposal to WTO

How to obtain a duplicate BL, if original bill of lading lost.

How to obtain GSP - Certificate of Origin?

How to obtain Phyto sanitary certificate. What is phytosanitary certification

How to obtain waiver on detention/ demurrage on imported goods/container from Shipping company/CFS



 

How to hide invoice value of original contract under high sea sale transactions

How to know the quality, quantity or contents of goods before import customs clearance

How to know volume of LCL cargo if not measured at factory

Transferability of Bill of Lading

Transhipment - A redefinition

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

Types of Insurance Documents.

How to make DA mode of payment safe

How to make delay in delivery of Shipment?

How to minimize import cargo clearance time? An open logic proposal to WTO

How to obtain a duplicate BL, if original bill of lading lost.

How to obtain GSP - Certificate of Origin?

How to obtain Phyto sanitary certificate. What is phytosanitary certification

How to obtain waiver on detention/ demurrage on imported goods/container from Shipping company/CFS

How to open an LC? Procedures to open a Letter of Credit

How to overcome credit risk in export business?

How to overcome Negative thoughts in export business

How to prepare an Export Invoice. Contents of Export commercial Invoice:

How to prepare an Export Packing list. Contents of Export Packing list

How to prepare Purchase order

Transferability of Bill of Lading

Transhipment - A redefinition

 

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

Triangular shipment

Types of Insurance Documents.

How to protect parties each other in triangular exports

How to re-construct EP copy of shipping bill

How to send export samples to foreign buyer? Tips to send samples to foreign buyer

How to set up an export import firm in India

What is VACIS exam in US import customs clearance

When can an exporter release bill of lading from shipping company?

 

4 Conditions when applying for refund of Input Tax Credit (ITC) under GST
Difference between types of goods and services and types of GST
4 types of Goods and Services in India for GST rate
Difference between IGST on International goods and IGST on domestic goods.

 How is IGST calculated under Imports?

How is IGST rate on imports treated?

 GST and e-Commerce Business, FAQ

 Definition of E-Commerce under GST

TDS under GST, Frequently Asked Questions

Union territory tax (Rate) Notification No. 47 of 2017 DT 14th November, 2017, GST

Integrated Tax (Rate) Notification No. 50 of 2017 DT 14th November, 2017, GST

Central Tax Notification No 38 of 2017 dt 13th October, 2017 under GST

CUSTOMS Notification No. 79 of 2017 dt 13th October, 2017

Integrated Tax Notification No. 11 of 2017 DT 13th October, 2017, GST

Click here to know GST rate on Goods and Services

GST Exemption list of goods and services

Find HSN number or Service tariff code for GST

GST registration guidelines

Indian GST Laws


Comments


Sudhagar: 1) Exports of goods on payment of IGST and file refund.... it means 100Pct of IGST paid has been granted to refund ?? 2) If exports of goods under Bond / LUT to be furnished (As per new notification of 1st July, 2017) whether existing running BOND/LUT will be used or New BOND / LUT must get.. to avail export of goods without payment of IGST... ? 3) If apply for new BOND/LUT as per new notification it is mentioned to provide Bank Guarantee .... (Obtain bank guarantee from bank, there charges min. 5 pct to 10 pct on BG amount it means to get 5 Lacs Bank Guarantee on that the bank charges will be Rs. 50000).... So FDR (Fixed Deposit infavour of Authority) or RCMC (membership certificate) can be used in place of BG.... Kindly clarify...

Abdul Rashid: We are into export of readymade garments. Previously all our purchases were tax free ie. We provided Form H to all our suppliers. Now under GST how would we claim the refund of gst paid by us as post 1.7.2017 all suppliers are charging GST on the garments which are to be exported. Secondly what will be the procedure to export our old stocks which are manufactured before implementation of gst. Ie.prior to 30.6.2017 but are being exported now in July and August. Those goods were already purchased against Form H so no vat or any tax was paid on those garments. Kindly clarify the above. Thanking you in anticipation.

sulabha gawali: Hello, We are exporter from Mumbai. exporting fresh Indian Fruits & Vegetables from India to Canada. Now, we are paying 18% IGST on Freight & box of packaging which affecting on our principle fund & profits too. Kindly confirm that, can we get refund of GST (18 per cent) which we paid for air freight & box packaging. or what is alternative option to not pay GST For air freight & box. There is no GST on sales as we export Fresh Indian produces which are tax free. Awaiting for your positive reply. Thanks & Regards, Mrs. Sulabha Gawali +918655560033 sulabha@krisulaglobexim.com

Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers