Globally, it is a general norm that exports
should be zero rated, i.e., only the real value of goods/ services should be exported and not the taxes. In line with this objective to make Indian exports competitive in the international markets, The Government of India has implemented various policies/ laws to ensure that exports are not burdened with excessive taxes or duties and various options have been provided to the exporters to make their exports tax-free.
On similar lines, GST also provides for certain conditions where Export of services
would be zero rated. Under GST regime, money is refunded under the zero-rating principle to promote exports. It has been ensured that the tax refunds are done at the earliest so that the rhythm in export growth is maintained.
Refund in case of exports is possible under two scenarios: