Is GST applicable on import of Goods?

Yes, GST is applicable to the import of goods in India, where these imports are treated as inter-state supplies.

What is the turnover limit for GST on export of services in India?

₹20 lakh for normal category states and ₹10 Lakh for special category states is the turnover limit for GST on export of services.

What are deemed exports?

Deemed exports are deals catering to goods developed in India but are not exported internationally. These products are identified as exports for benefits like tax refunds.

Why is a Letter of Undertaking requested under GST on Export and Import?

LUT (Letter of Undertaking) facilitates exporters to ship goods and services globally without integrated GST. This ensures enhanced cashflow and eliminates the need to pay taxes.

Tag: GST on export and import

GST on Export and Import: A Quick Guide for Global Traders!

Priyanka Chaudhari

May 27, 2025

GST

In this rapidly growing global marketplace, businesses no longer remain restricted by borders. But taxes apply to every product that leaves or enters our country. Whether you are a flourishing exporter tapping into the international market or an importer getting products displayed globally to India’s doorstep, understanding GST on export and import is a must! … Continue reading GST on Export and Import: A Quick Guide for Global Traders!