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Export

Import / Export 80 views 1 replies

Prakash Mishra

7 Points Joined August 2017

Which transaction we declare as export in gstr1

1)Material despatched from plant to port

or

2)Material shipped outside India after issue of shipping bill

Replies (1)

B Vinay Reddy

Hyderabad

7952 Points Joined October 2014

Section 2 (5) defines of IGST Act, 2017 defines – “Export of Goods”, with its grammatical variations and cognate expressions, means taking out of India to a place outside India.
so, in your case 2nd one will be treated as Export.
Please let me know if you need any further assistance.