Chandrika N M (Finance) (3 Points)
07 April 2019Dear All,
Can somebody please guide me as to how to enter advance received against export of services in GSTR 1. Invoice has not been issued against this advance received as the work has not been done against the same yet.
Thanks & Regards.
Chandrika.
Ajeet Singh
(Service )
(190 Points)
Replied 07 April 2019
Chandrika N M
(Finance)
(3 Points)
Replied 07 April 2019
As it is export of service there will be no shipping bill. Can you plz share the reference of the section/rule/notification regarding this.
Thanks and Regards.
Chandrika.
Vipul Acharya
(Account Officer)
(647 Points)
Replied 07 April 2019
Rahul Rustagi
(Student CA Final )
(310 Points)
Replied 07 April 2019
Ajeet Singh
(Service )
(190 Points)
Replied 07 April 2019
pritesh
(CA Final student)
(7101 Points)
Replied 07 April 2019
Aarish
(CA)
(28 Points)
Replied 05 June 2019
there is no option to show "Other country" in "Place of supply" tab in GSTR 1. So GST portal does not allow to report advance of services for export (with or without payment of tax). For advance received for exempt supply within India one can show in 0% rate.
CA Pulin Shah
(Finance)
(32 Points)
Replied 14 August 2019
Any reference of the section/rule/notification regarding this.
Advance received against local services there is law that tax needs to be paid.
We are exporting Services outside india. We have LUT so we need not to pay once we export services and final invoice prepared.
We have received advance in July-19..And against which future export of services..We have not prepared Final Invoice yet...
Whether Advance against export of services taxable?
If Yes/No, please guide.
and share supporting reference of the section/rule/notification regarding this..
Gangadharayya
(Finance Professional)
(56 Points)
Replied 26 September 2020
Any reference of the section/rule/notification regarding this.??
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