Refund of GST to exporters–certain restrictions to claim refund on IGST paid exports
[By Shaleen Shah (Partner), VNCA] Exports is `zero rated’ in GST for which exporter of goods has two options viz. (1) supply under LUT without payment of IGST and claim refund of unutilised ITC; or (2) supply on payment of IGST and claim refund of such IGST paid on exports.