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Deemed exports

Import / Export 134 views 1 replies

Shivani

Learner

1881 Points Joined December 2012

dear friends

under gst supply to export oriented unit is considered as deemed export.

my question is that Is deemed export also considered as zero rated supply?

if a person makes intra state supply to EOU then will it be considered as zero rated supply and thus no need to pay GST.

regards

shivani

Replies (1)

Pankaj Rawat

GST Practitioner

55062 Points Joined June 2017

-“Zero rated supply” under Section 16 of the IGST Act, 2017 means any of the following
supplies of goods or services or both, namely:
(a) export of goods or services or both; or
(b) supply of goods or services or both to a Special Economic Zone developer

As per S. 2(39) of the CGST Act, 2107 - 'Deemed exports' means such supplies of goods as may be notified under section 147.

So in above mentioned , the deemed export cannot be considered as zero rated supply.