Tax Management India. Com
                        Law and Practice: A Digital eBook ...

Category of Documents

TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Manuals SMS News Articles
D. Forum
What's New


Discussions Forum
Home Forum Goods and Services Tax - GST This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

← Previous Next →

Export of service - payment not received - write off, Goods and Services Tax - GST

Issue Id: - 115352
Dated: 23-8-2019
By:- Mohideen A
Export of service - payment not received - write off

  • Contents

In case of export of services and the payment is not received and the company decides to write off the receivables (in accordance with provisions of FEMA) then is there any implications for GST for the write off. The original invoice was recorded as Zero rated under LUT.

Post Reply

Posts / Replies

Showing Replies 1 to 3 of 3 Records

1 Dated: 23-8-2019
By:- Rajagopalan Ranganathan


According to rule 96 A(1)(b) of CGST Rules,2017 exporter has to pay the tax due along with the interest specified under sub-section (1) of section 50 within a period of fifteen days after the expiry of one year, or such further period as may be allowed by the Commissioner, from the date of issue of the invoice for export, if the payment of such services is not received by the exporter in convertible foreign exchange or in Indian rupees, wherever permitted by the Reserve Bank of India.

Therefore in your case since the payment is not received within one year from the date of export invoice you have to pay IGST at appropriate rate along with interest.

2 Dated: 25-8-2019

I concur with the views of Shri Rajagopalan.

3 Dated: 28-8-2019
By:- Himansu Sekhar

GST will be payable on the export value.


Post Reply

← Previous Next →

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Blog || Site Map - Recent || Site Map || ||