TaxTMI 
TaxTMI 
in present scenario by issuing form f -we can purchase material from local party for exports-the party will not
collect any taxes.
what is the status in GST
deemed exports status in gst
08 Sep 2016 
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Deemed exports status in GST: supplies taxed, with refund or zero rating proposals to protect domestic manufacturers.
Deemed exports in the GST regime will not rely on existing statutory forms; taxability follows the supply concept with all transactions taxable, while qualifying deemed export supplies are expected to be addressed through a refund mechanism or by Government notification of categories. Stakeholders have proposed zero rating to protect domestic manufacturers and to align changes with the Foreign Trade Policy, but policy direction favors abolition of exemptions and reliance on refunds and input tax credit to maintain the tax credit chain. (AI Summary)
Deemed exports in the GST regime will not rely on existing statutory forms; taxability follows the supply concept with all transactions taxable, while qualifying deemed export supplies are expected to be addressed through a refund mechanism or by Government notification of categories. Stakeholders have proposed zero rating to protect domestic manufacturers and to align changes with the Foreign Trade Policy, but policy direction favors abolition of exemptions and reliance on refunds and input tax credit to maintain the tax credit chain. (AI Summary)