Is GST refund on Export of Service is taxable ?

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3 Points Posted on 25 December 2020
Is GST refund on Export of Service is taxable under income tax act? please provide applicable reference.
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On 25 December 2020 at 06:37 Report
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This discussion explores whether GST refunds received for exported services are considered taxable income under the Income Tax Act. The prevailing view suggests that such refunds would indeed be added to business income and therefore subject to income tax, provided the business itself is taxable.

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Company Secreatary
3186 Points Posted on 25 December 2020

Yes ,in my view the refund of GST will be added in income so it will be taxable if the income of business is taxable 

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On 25 December 2020 at 12:44
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Company Secreatary
3186 Points Posted on 25 December 2020

Yes ,in my view the refund of GST will be added in income so it will be taxable if the income of business is taxable 

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On 25 December 2020 at 12:45

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