Presently under Central law, exporters are allowed to obtain duty paid inputs, avail ITC on it and export goods upon payment of duty (after utilizing the ITC) and thereafter claim refund of the duty paid on exports. Will this system continue in GST?

Presently under Central law, exporters are allowed to obtain duty paid inputs, avail ITC on it and export goods upon payment of duty (after utilizing the ITC) and thereafter claim refund of the duty paid on exports. Will this system continue in GST? https://www.taxtmi.com/acts?id=22464 Exports are treated as zero rated under GST so exported supplies do not bear ultimate tax incidence while inputs may be tax paid; refunds are allowable on the accumulated input tax attributable to export supplies and on tax paid on exported finished goods, thereby preserving relief for exporters. en-us Thu, 22 Sep 2016 17:55:00 +0530 Thu, 22 Sep 2016 17:55:00 +0530 TaxTMI RSS Generator Presently under Central law, exporters are allowed to obtain duty paid inputs, avail ITC on it and export goods upon payment of duty (after utilizing the ITC) and thereafter claim refund of the duty paid on exports. Will this system continue in GST? https://www.taxtmi.com/acts?id=22464 Exports are treated as zero rated under GST so exported supplies do not bear ultimate tax incidence while inputs may be tax paid; refunds are allowable on the accumulated input tax attributable to export supplies and on tax paid on exported finished goods, thereby preserving relief for exporters. Act-Rules Bills Thu, 22 Sep 2016 17:55:00 +0530 https://www.taxtmi.com/acts?id=22464