Will there be any igst liability if polished diamonds are exported under consignment as exports are zero rated supplies?

Will there be any igst liability if polished diamonds are exported under consignment as exports are zero rated supplies. Some good may be sold and balance shall be reimported. Kindly suggest the tax implications of the same.

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1 Answer(s)

There is no IGST liability.

Answered on July 21, 2017.
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Gen GST