As per Section 7 of the IGST Act, 2017 all exports are treated as inter-State Supplies. However as per Section 16 of the IGST Act, exports are treated as zero rate supplies. The exporter of goods / services has the option either to export under LUT/ Bond without payment of tax and claim refund of ITC or pay IGSt by utilising ITC or in cash at time of export and claim refund of IGST paid.
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Frah Saeed Changed status to publish June 2, 2020