GST Refund/On Exports

Q: What is the GST refund on exports?

A: GST refund on exports is a mechanism by which exporters can claim a refund of GST paid on goods or services exported out of India.

Q: Who is eligible for GST refund on exports?

A: All registered exporters who have exported goods or services out of India are eligible for GST refund on exports.

Q: What are the conditions for claiming GST refund on exports?

A: To claim GST refund on exports, the exporter must have exported goods or services out of India and must have paid GST on them. The exporter must also have a valid GST registration and must have filed all the required GST returns.

Q: What is the time limit for claiming GST refund on exports?

A: The exporter can claim GST refund on exports within two years from the date of export.

Q: What documents are required for claiming GST refund on exports?

A: The following documents are required for claiming GST refund on exports:

Shipping bill or bill of export

GST invoice or debit note

Bank realization certificate

Foreign inward remittance certificate

Export order or agreement

Export promotion council certificate

Q: How long does it take to get a GST refund on exports?

A: The time taken to get a GST refund on exports can vary, but it usually takes around 7-14 working days after the refund application has been filed.

Q: Is there any limit on the amount of GST refund that can be claimed on exports?

A: No, there is no limit on the amount of GST refund that can be claimed on exports.

Q: Can I claim GST refund on exports if I have claimed drawback or any other export incentives?

A: No, if you have claimed any other export incentives such as drawback or MEIS, you cannot claim GST refund on exports for the same goods or services.

Q: Is GST refund on exports applicable only for goods or also for services?

A: GST refund on exports is applicable for both goods and services exported out of India.

Q: Can I claim GST refund on exports for goods exported on consignment basis?

A: Yes, you can claim GST refund on exports for goods exported on consignment basis, provided all other conditions are met.

Q: What if my export order gets cancelled after I have claimed GST refund on exports?

A: In case of cancellation of export order, the exporter is required to pay back the refunded amount of GST along with interest.

Q: What if I have exported goods without payment of GST?

A: If you have exported goods without payment of GST, you cannot claim GST refund on exports for such goods.

Q: Can I claim GST refund on exports if I have used the goods or services for any other purpose before exporting them?

A: No, if you have used the goods or services for any other purpose before exporting them, you cannot claim GST refund on exports for such goods or services.

Q: What if I have made a mistake in claiming GST refund on exports?

A: If you have made a mistake in claiming GST refund on exports, you can rectify it by filing a refund application with correct details within the time limit specified.

Q: Is it mandatory to have an Export Promotion Council certificate for claiming GST refund on exports?

A: No, it is not mandatory to have an Export Promotion Council certificate for claiming GST refund on exports. However, it can be helpful in certain cases where the exporter is claiming a higher rate of refund.

These are some of the frequently asked questions about GST refund on exports. It is important for exporters to understand the various rules and regulations surrounding GST refund on exports to ensure timely and accurate refunds.