<h1>GST Zero-Rated Exports: Simplified Process Boosts Competitiveness; Choose IGST Refund or Bond/Letter for Tax Exemption.</h1> Under the GST regime, exports are treated as inter-State supplies and are zero-rated, meaning they are exempt from GST at both input and final stages. This aims to enhance the competitiveness of Indian exports. The export process has been simplified, eliminating much paperwork and departmental intervention. Exporters can either pay IGST and claim a refund post-export or export under a bond or Letter of Undertaking without IGST payment. Supplies to SEZ units are also zero-rated. Exporters must register under GST as exports are considered inter-State supplies. The Duty Drawback scheme continues with modifications, and EOUs must comply with GST regulations, although they retain some customs duty exemptions.