Exports of software service under GST

Discussion in 'GST (Goods & Service Tax)' started by Gaurav Palta, Aug 19, 2017.

  1. Gaurav Palta

    Gaurav Palta New Member

    Whether exports of software services attract GST?
  2. Raju Choudhary

    Raju Choudhary Active Member Staff Member

    Exports and supplies to SEZ units and SEZ developers are zero-rated in GST. Zero-rating effectively means that no tax is payable on exports but the exporter/supplier is entitled to the input tax credit on inputs/input services used in relation to exports. The exporters have two options for zero rating, which are as follows:

    (1) To pay integrated tax on supplies meant to be exported and get refund of tax so paid after the supply is exported.
    (2) To make export supplies under a bond or letter of undertaking and claim refund of taxes suffered on inputs and input services in relation to such exports.

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