Tag: GST refund at airports

Foreign tourists may soon be able to claim Goods and Services Tax (GST) refunds at airports at the time of exit. It is said that the Revenue Department is working on a mechanism to refund taxes paid by them on local purchases. Initially, only purchases made by tourists from big retailers would be eligible for GST refund at airports when the tourist is leaving the country, an official told PTI. In several countries VAT or GST is refunded to the tourists for purchases made beyond a prescribed threshold. The Department is working out a mechanism which will ensure refund of GST ... Read more