Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>GST Refund Scheme for Foreign Tourists: Tax Relief on Purchases, Boosts 'Make in India' Initiative, Handling Fee Applies.</h1> The Tax Refund for International Tourist (TRT) scheme enables foreign tourists to receive a refund of GST paid on goods purchased during their stay in a country, upon exiting. Implemented in about 52 countries, this scheme aligns with the GST regime's goal of zero-rating goods and supports India's Make in India initiative. Refunds are processed through registered retailers and available at designated airports and ports, with a portion deducted as a handling fee. State governments also offer VAT refunds to foreign diplomats and officials of multilateral agencies. The GST law drafting committee will detail the scheme's provisions.