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GST - Export of Goods, Goods and Services Tax - GST

Issue Id: - 117196
Dated: 1-5-2021
By:- Ethirajan Parthasarathy
GST - Export of Goods

  • Contents

Rule 96A of GST Rules provides that an exporter has to pay the applicable taxes with interest, provided the goods are not exported for more than three months.

Due to logistic issues, goods might not have left the shores and goods are brought back to vendor’s place. Brought back goods may be supplied subsequently locally or may even be exported later. In such a situation what is the idea behind making the exporter to pay IGST for the first transaction which has not materialised.

For export of services, there is a condition that the exporter has to pay the tax with interest, if sale proceeds are not realised within the time allowed. It is not clear why no such condition is prescribed for export of goods.

Rule 96A of GST Rules provides that an exporter has to pay the applicable taxes with interest, provided the goods are not exported for more than three months.

Due to logistic issues, goods might not have left the shores and goods are brought back to vendor’s place. Brought back goods may be supplied subsequently locally or may even be exported later. In such a situation what is the idea behind making the exporter to pay IGST for the first transaction which has not materialised.

For export of services, there is a condition that the exporter has to pay the tax with interest, if sale proceeds are not realised within the time allowed. It is not clear why no such condition is prescribed for export of goods.

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1 Dated: 3-5-2021
By:- Alkesh Jani

Shri

Certain provisions are made to safeguard the Government revenue. Moreover, Apex Court has held that "Wisdom of legislature cannot be questioned". However, you have the right to make your representation. The query raised by you deserve "not to be ignored" and requires deliberation.

Thanks


1

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