01 August 2017
Please advise the Procedure for Export under GST Is is compulsory to state IGST in Export Invoice even if the turnover is more than 1 crore?
01 August 2017
Under GST regime Export is free from Tax. No need to show IGST portion if you clear this as normal under BOND or LUT. You have mention remark on your invoice “SUPPLY MEANT FOR EXPORT UNDER BOND OR LETTER OF UNDERTAKING WITHOUT PAYMENT OF INTEGRATED TAX”. No need to issue ARE-1 while exporting. if you want to clear export shipment under rebate & claim IGST then you have to mention and state IGST rate & Value.
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