Export of goods means taking goods out of India to a place outside of India. Export of Services means when the supplier of service is located in India and the place of supply of service is outside India. Read on to know more
The Place of supply in case of export of goods is the place where the goods have been exported to. i.e., destination outside India
The Place of supply of Services in case of either location of supplier or receiver is outside India is governed by Section 13.
Deemed Exports refers to those transactions in which goods supplied do not leave the country and the payment for such supplies is received whether in Indian Currency or in Free foreign exchange.
Any person claiming refund on export of goods or services may make an application of refund before the expiry of 2 months from the relevant date
A) The following conditions need to be satisfied as per the definition of export of services provided u/s 2(6) of the IGST Act
No, the scrips cannot be utilized for payment of IGST and compensation cess. Similarly, scrips cannot be used for payment of CGST, SGST/UTGST or IGST for domestic procurements
The refund application should be filed within 2 years from the end of the financial year in which such claim for refund arises.
The refund application should be filed within 2 years from the date on which return relating to such deemed exports is furnished.
The refund application should be filed as follows
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