GST Refund Consultant

Exporters in India operate in a highly competitive global environment where pricing, timely delivery, and cost management are critical for success. One of the most powerful financial tools available to Indian exporters is the GST refund mechanism, which can significantly improve liquidity, reduce costs, and unlock growth opportunities. In this article, we explore how exporters can strategically leverage GST refunds to fuel business expansion and maintain a competitive edge. 1. Understanding the Power of GST Refunds for Exporters Under the Indian GST regime, exports are classified as zero-rated supplies, meaning no GST is charged on exported goods or services. However, businesses incur GST on inputs (raw materials, services, logistics, etc.), which can be claimed back as a refund from the government. There are two ways to export under GST: With payment of IGST and claiming a refund of the same. Without payment of IGST (under a LUT/Bond ), and claiming a refund of unutilized Input Tax ...