Easy Office
LCI Learning

Export sales

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 August 2017 Is there any GST on Export Sales?
Export Sales are exempted or not?

17 August 2017 Export sales are Zero Rated if exported under LUT .if you are going by Refund procedure you have to charge GST on export sales and claim refund

17 August 2017 Exports are not exempted. The exporters have two choices 1) to export goods/services against zero rate of IGST or 2) Charge the applicable IGST and claim refund.
N Jain
group.blr@gmail.com
If you have input credit balance, it is advisable to pay IGST adjust the same with Input credit and go for refund of IGST.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query