🌾 Wheat₹2,510/qtl 🧅 Onion₹4,500/qtl 🍅 Tomato₹2,000/qtl▼62 🥔 Potato₹2,500/qtl▲1,300 🫘 Soybean₹5,670/qtl▼230 🪴 Cotton₹8,950/qtl▲650 🌿 Mustard₹7,500/qtl▲69 🌽 Maize₹2,200/qtl 🧄 Garlic₹19,000/qtl▲4,500 🍚 Rice₹3,163/qtl 🌾 Wheat₹2,510/qtl 🧅 Onion₹4,500/qtl 🍅 Tomato₹2,000/qtl▼62 🥔 Potato₹2,500/qtl▲1,300 🫘 Soybean₹5,670/qtl▼230 🪴 Cotton₹8,950/qtl▲650 🌿 Mustard₹7,500/qtl▲69 🌽 Maize₹2,200/qtl 🧄 Garlic₹19,000/qtl▲4,500 🍚 Rice₹3,163/qtl

Do I get any GST refund or benefit when I export?

AAlok Mishra6 महीने पहले · 176 व्यू

I heard exports are zero-rated and I can claim GST back. How does GST work for an exporter of agri produce.

3 जवाब

🌾Farmer.in Krishi Teamविशेषज्ञ ✓6 महीने पहले

Exports are treated as zero-rated under GST, which means you do not charge GST to the foreign buyer, and you can recover the GST you paid on your inputs. There are two routes: export under a LUT (Letter of Undertaking) without paying IGST and then claim refund of the input tax credit, or pay IGST on the export and claim a refund of that IGST. Most exporters file a LUT (a simple online undertaking on the GST portal) to avoid blocking funds. Note many raw agricultural products are themselves exempt or nil-rated under GST, so your input credit may be limited, but you can still claim on packing, freight and other taxable inputs. There are also schemes like RoDTEP that refund certain embedded duties on exports. The rules and rates change, so consult a GST practitioner and confirm current provisions on the GST and DGFT portals.

SSameer Joshi6 महीने पहले

File the LUT on the GST portal so you export without paying IGST. It saves your money getting locked up in refunds. We renew it every financial year.

NNeha Kapoor6 महीने पहले

Ask your accountant about RoDTEP too, it gives back some embedded duties on exports. Small but adds up over many shipments.

आपका जवाब

कृपया कोई लिंक या फोन नंबर नहीं।

← सभी सवाल

Free for farmers

Never miss a price or a deadline

Get free daily mandi prices, MSP changes, scheme cut-offs and weather alerts - and your own Kisan ID.

🔔

Free price & scheme alerts

Today's rates, MSP moves, scheme deadlines and weather - the moment they matter.

or on WhatsApp ↗
🪪

Your free Kisan ID

Join Bharat Annadata Sangh free - get a digital farmer ID card and free answers from our Krishi Team.

100% free · No spam · Prices from Agmarknet · Unsubscribe anytime