Foreign Tourists May Soon Be Able To Claim Tax Refund On Departure, Says Financial Express Report

Foreign Tourists May Soon Be Able To Claim Tax Refund On Departure, Says Financial Express Report Foreign tourists in India will soon be able to get the refund of GST paid by them for buying goods here.

Work on the procedure and rules for refund of GST to foreign tourists will be started soon and could be implemented early next year, according to a Financial Express report quoting sources. The move, once implemented, will promote tourism in India.

“While the Integrated GST Act has provided for GST refund to foreign tourists for local shopping that is taken out of the country, the rules and procedure have to be finalised.

It is planned to be taken up shortly," The facility of tax refund is already available in many countries. Foreign visitors get these refunds at the airport at the time of their departure.

The long-pending proposal in India will be required to be presented before the GST Council and get its approval. The matter of GST refund for foreign tourists is one of the last issues that remain to be implemented.