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Is there output tax on exports?

Jahn Das (Other) (11 Points)

06 March 2018

Since exports are zero rated supply, do we charge any output tax on them to our customers, or do we state tax rate to be zero percent?

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3 Replies

CA KANJ GOEL (OWNER) (1378 Points)
Replied 06 March 2018

there are two options for exporting good one is charge tax to customers and get refund of same from government other is export on boond or lut and don't charge tax.

Pankaj Rawat (GST Practitioner) (55062 Points)
Replied 06 March 2018

on export IGST has to be charge & refund can be claim for the same
if LUT or bond filed then No need to charge IGSt

Dnyanesh Patade (Practice) (185 Points)
Replied 07 March 2018

2 options
1. Export under LUT and Bond and get refund of Input tax.
2. Pay IGST on export and then claim refund of IGST paid. It is necessary that you only pay IGST and don't charge it to customer as there can be no double benefit.