GST Yathra- 14- Exports

Export of Goods

1. The goods and services can be exported

• Either on payment of IGST, which can be claimed as refund after the goods have been exported,

• Or under bond or Letter of Undertaking (LUT) without payment of IGST.

In the latter case, the accumulated input tax credit can be claimed as refund.

     2. Shipping bill alone is required to be filed with the customs authorities for making exports

     3. The Shipping bill shall be treated as an application for refund of IGST

     4. The Shipping bill shall be deemed to have been filed after submission of export general manifest and furnishing of a valid return in Form GSTR-3 by the applicant.

     5. The supplies made for exports  are to be made under self sealing and self- attestation.


Export of services ( Section 2(6) and Section 7 of IGST Act)

The following conditions need to be satisfied in order to qualify as Export of services

1. The supplier of service is located in India
2. The place of supply is outside India
3. Recipient of service is located outside India
4. Payment for such service has been received in convertible foreign exchange
5. Supplier of service and the recipient of service are not merely establishments of a distinct person as specified in Explanation 1 to Section 8.