Dear Sir/s,
Please share the process for Export under GST regime.
Earlier, there was no need to pay duties and taxes on the procurements for Export.
In this case, we have to provide ARE-1 and Proof of Export to our Supplier in India.
But, currently, our supplier is insisting to charge the IGST on the Supply.
It will make big impact on our cash flow.
Please suggest how to proceed without payment of IGST
Export Goods Under GST: No IGST Payment Required; Claim Refunds for Paid GST on Inputs A user inquired about the process for exporting goods under the GST regime, highlighting a change where suppliers now insist on charging IGST, impacting cash flow. One response mentioned that exports can still occur without GST payment, referencing specific circulars for guidance. Another response clarified that GST is payable on procurements, but credits can be claimed, and refunds are available for GST paid on inputs if exported under bond or for IGST paid on goods exported on rebate. The ARE-1 form is no longer required, and GST invoices serve as the necessary documentation. Refunds are processed within specified timelines. (AI Summary)