Question ID :
36889
GST ON EXPORT TO NEPAL
My client want to export some goods to Nepal ,whether this will come under zero rated supply or igst will charge .
Posted by
Ajay Pandey
on
Dec 12, 2018
Filed Under
GST
Exports to Nepal will be considered as zero-rated supply. Please note that as per definition of export of goods, there is no condition linked to repatriation of forex unlike definition of export of services.
You may please refer to para 2(f) of circular 5/5/2017-GST dt. 11 Aug, 2017 in this regard. Also please refer para 2(k) of circular 8/8/2017-GST dt. 4 Oct, 2017.
Export of goods to Nepal will be zero-rated. And LUT or payment (with refund) method may be followed.
Posted by
CA. JATIN CHRISTOPHER A on
Dec 13, 2018
Answer ID :
76071
Yes, Export to Nepal will be considered zero rated supply and all the benefit of zero rated supply will be availbale.
Posted by
CA. SATISH CHAND GARG on
Dec 14, 2018
Answer ID :
76076
Hi,
You can apply for LUT Bond and avoid paying IGST on Export of Goods.
Posted by
Sagar D Koshiya on
Dec 18, 2018
Answer ID :
76106
It will be termed as Zero rated, now two option available with you:
1. Export with charging igst
2. Export without IGST on submitting LUT
Posted by
CA JEET REWRI on
Dec 27, 2018