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    <title>deemed exports status in gst</title>
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    <description>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.</description>
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      <description>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.</description>
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      <law>GST</law>
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