Gst Refund For Service Exporter
GST Refund For Tax Paid By Service Exporter is defined under Model GST Law as refund of tax on goods / services exported out of India or on inputs or input services used in the goods / or services which are exported out of India, or refund of tax on supply of goods regarded as “deemed Exports’ or refund of unutilized input tax credit. In simple terms where a service exporter is not in position to utilize the GST paid in input services such as office Rent, Audit Fees, Manpower supply services , professional services etc. which are used for providing export of services in that case exporter eligible to apply for refund of GST paid by exporter. By taking GST refund by service export its working capital increases.
Export of Service: The definition for export of services.
Export of services means the supply of any service when;
(a) the supplier of service is located in India,
(b) the recipient of service is located outside India,
(c) the place of supply of service is outside India,
(d) the payment for such service has been received by the supplier of service in convertible foreign exchange, and
(e) the supplier of service and recipient of service are not merely two establishments of a same person
Highlights of GST Refund
GST Refund for Exporter of services – What We offer
We are GST consultant firmly believes in providing value added services through highest levels of professional competence. we provide consultancy and solutions to maximize exports benefits when services are exported from India. We provide GST refund process services in Pune for service exporters. Our professional team prepare application in Form GST RFD-01, preparation of necessary documents invoices , certificates , reconciliations , representation with GST department till you get the refund amount.
- Applicablity of GST Refund on Service Export
- Practical Solutions for maximizing benefits of GST Refund
- Legal Documents Preparation
- Preparation of application
- Getting refund from department