Export of goods or services shall be treated as inter-state supply in GST. Registration is compulsory in GST for exports in case of services if annual turnover exceeds 20 lakhs. Visit Taxgyata to learn the treatment of exports in GST
A complete guide to GST on exports
In exports, goods or services produced in the domestic country sold to persons residing in a foreign country. Governments encourage exports. Exports increase the foreign exchange reserves of the country. To make Indian products competitive in the international market, provisions of “zero-rated supply” introduced in GST for exports.
