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Export of zero rated supply-date of invoice or date of let export in shiping bill., Goods and Services Tax - GST

Issue Id: - 114230
Dated: 12-10-2018
By:- Narendra Soni
Export of zero rated supply-date of invoice or date of let export in shiping bill.

  • Contents

Dear Experts

We raised export invoice on 30.09.18 and moved the container for customs ICD for clearance and filling Shipping Bill..

Shipping bill let export made on dtd 01.10.18

Kindly suggest:- Would it be count as export sale in

1.GSTR-1 return for Sept.18

2.in Net Zero rated turnover and Adjusted total turnover for ITC Refund application for the month of Sept.18.

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Posts / Replies

Showing Replies 1 to 5 of 5 Records

1 Dated: 12-10-2018
By:- SHIVKUMAR SHARMA

Goods Cleared From the Business Premises on 30 .09.2018 & Invoice is prepared on 30.09.2018 so as per my view Transaction of export is to be shown in GSTR-1 of Sept 2018.


2 Dated: 12-10-2018
By:- Narendra Soni

Sir, your opinion for GSTR-1 is appearing correct , please suggest for 2nd part of query:-

In the ITC refund claim which is based on formula=Net ITC during the tax period* Zero rated turnover during the period/Total adjusted turnover= refund amount

Kindly suggest whether the export of this invoice would be counted in Net Zero rated turnover and Adjusted total turnover for ITC Refund application for the month of Sept.18. OR will be added in the refund claim application for the month of Oct 18.


3 Dated: 12-10-2018
By:- SHIVKUMAR SHARMA

When we shown the Transaction in GSTR-1 of Sept 18.Then the export of this invoice should be counted in Net Zero rated turnover and Adjusted total turnover for ITC Refund application for the month of Sept.18.


4 Dated: 12-10-2018
By:- Ganeshan Kalyani

The transaction will be shown in GSTR-1 of September month.


5 Dated: 12-10-2018
By:- DR.MARIAPPAN GOVINDARAJAN

I endorse the views of experts.


1

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