A complete guide to GST on export of goods or services

Exports shall be treated as inter-state supply in GST. Registration is compulsory in GST for exports in case of services if annual turnover exceeds 20 lakhs.. Know everyting about exports under GST at taxgyata.com
In exports, goods or services produced in the domestic country sold to persons residing in a foreign country. Governments encourage exports. Exports increase the foreign exchange reserves of the country. To make Indian products competitive in the international market, provisions of "zero-rated supply” introduced in GST for exports.

By making exports zero-rated means that the entire export transaction is tax-free. This means there is no need to pay tax either on inward supply or outward supply. Not only that also there is no restriction in GST on claiming credit of taxes paid on input which used for providing such supply.

However, if GST is required to be paid on the export of goods or services at any point in time then a refund of GST can be claimed later or goods can be exported under bond/LUT without paying tax.