Is Goods and Service Tax (GST) applicable on exports?

Yes, Goods and Service Tax (GST) is not applicable on exports of goods and services. Exports are considered "zero-rated supplies," meaning exporters can claim a refund on any GST paid on inputs used to produce exported goods or services.

That's correct! Exports are classified as zero-rated supplies, allowing businesses to claim refunds on input GST. This system helps promote global trade by reducing tax burdens on exporters. For businesses looking to optimize their digital presence and streamline operations, pure win offers expert IT solutions to enhance efficiency and growth