GST refund on exports: Rules, eligibility, conditions, requirements, process; all you need to know

Under the GST regime, export of goods and services are deemed as inter-state supplies and are subject to Integrated GST (IGST). All supplies of goods and services which qualify as export of goods or services are zero-rated, that is, these transactions attract a GST rate of zero per cent. Therefore, exporters are allowed to claim an input tax credit on all inputs used to produce goods or render the…