Export of Service
Export of Service Export of Services: • Section 16 of the IGST Act places export of goods and services on the same footing; Export of services shall be treated as zero rated supply. • The supplier can either export services after paying IGST and claim refund or can export services without payment of IGST under bond or under letter of undertaking. “Export of Services” as defined under Section 2 (6) of IGST Act, 2017 means the supply of any service, when – • the supplier of service is located in India; • the recipient of service is located outside India; • the place of supply of service is outside India; • the payment for such service has been received by the supplier of service in convertible foreign exchange; and • the supplier of service and the recipient of service are not merely establishments of a distinct person. Anomaly in definition of export of services: Two conditions have been imposed in the definition of export of services which shall create unnecessary hardship to the serv