GST clarity missing for exporters as experts flag reverse charge risk on bank charges

A payment after export could trigger unexpected GST—on bank fees

Experts say the government can better support exporters by resolving gaps and ambiguities in GST rules. A key concern is whether exporters must pay GST under the reverse charge mechanism for bank charges deducted by an overseas bank when importers remit sales proceeds. Clear guidance is urged to avoid unexpected tax liabilities and compliance confusion.