Claim of export igst to cgst and sgst
This query is : Resolved
12 December 2018
How to adjust credit note raised on Export of Goods and Services in GSTR 3B?**
** there is no further export of Goods and Services for life time.
Can we adjust it with Output CGST and SGST Liability of further period?
Eagerly waiting for your reply
** there is no further export of Goods and Services for life time.
Can we adjust it with Output CGST and SGST Liability of further period?
Eagerly waiting for your reply
12 December 2018
Please clarify earlier you have made export against LUT or with payment of tax.. also clarify why credit note has been issued..
13 December 2018
Earlier export made with payment of tax, and credit note raised due to cancellation of project & rejection of service rendered earlier.
13 December 2018
it means goods delivered earlier will be received back in India.. if it's your case then according to me it will be better that foreign party raises bill to you and you show it as import...
14 December 2018
Ok sir, but how do I present it in GSTR-3B & GSTR 1 so that there's no mismatch in presentation of transactions in the returns. My question is relating to presentation of transaction in returns.
16 December 2018
you have to present sale with tax against zero rated supply in GSTR-3B and and as export invoice in GSTR-1. In case of return of goods and if you present such transaction as import as advised earlier then you have to claim only tax in GSTR-3B and no reporting will be required in GSTR-1.
16 December 2018
Thank you for your guidance
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