Refund on tax paid on purchases while we exports the goods
This query is : Resolved
07 September 2017
I buy goods from companies and distributors. I pay CGST, SGST and IGST as the case may be.
when I export the same goods outside India will I get the amount of Tax refunded in my bank account that has been paid by me on my purchases or will it lie as input only ? secondly what is the procedure for export under GST.
Thanks
when I export the same goods outside India will I get the amount of Tax refunded in my bank account that has been paid by me on my purchases or will it lie as input only ? secondly what is the procedure for export under GST.
Thanks
CA R SEETHARAMAN
(Expert)
07 September 2017
All such gst payment will be refunded and credited to your bank account.see the link for more details.
https://taxguru.in/goods-and-service-tax/faq-import-export-refund-gst.html
https://taxguru.in/goods-and-service-tax/faq-import-export-refund-gst.html
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