Understanding GST Refund on Machinery Purchase Under EPCG

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2026-08-17 06:08:34 - Translate

Purchasing machinery can involve a significant GST cost for businesses. However, GST paid on an ordinary machinery purchase does not automatically become eligible for a cash refund. In certain cases involving eligible exporters and domestic machinery procurement under a valid EPCG Authorisation, a deemed-export refund mechanism may be available subject to applicable conditions. Understanding...

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