Exports of goods are treated as zero-rated supplies under GST, ensuring that taxes do not burden international trade. However, export compliance is procedure-intensive. Most disputes for exporters arise not on eligibility, but on documentation gaps, timing mismatches, LUT validity, and refund processing errors.
1. Introduction
Exporters operate at the intersection of:
GST law,
customs procedures, and
foreign exchange regulations.
GST aims to make exports tax-free, but only where conditions, timelines, and documentation are meticulously followed.
In GST exports, procedure determines benefit.
2. Meaning of Export of Goods Under GST
An export of goods occurs when:
goods are taken out of India to a place outside India.
The physical movement of goods outside India is the decisive factor.
3. Zero-Rated Supply — What It Means for Exporters
Zero-rated supplies allow exporters to:
export without payment of GST under LUT and claim ITC refund, or
export on payment of IGST and claim refund of IGST paid.
Both options are legally valid but have different cash-flow and compliance implications.
4. Two Export Routes — LUT vs IGST Payment
Exporters may choose:
LUT Route: No IGST on invoice; refund of accumulated ITC, or
IGST Route: IGST paid on export invoice; refund of IGST.
Most exporters prefer LUT due to working-capital efficiency.