IGST REFUND ON EXPORT OF SERVICES

Varun (Proprietor) (89 Points)

22 October 2020  
Hello All,
 
Suppose i have raised one invoice towards Export of services Say Rs. 1 Lacs +  GST @ 18% Rs. 18000 
Total Invoice Value Rs. 118000 recovered from a client abroad, now as per IGST Rule i can get refund of IGST Paid on export of Services. Can we recognise in books IGST refund of Rs. 18000 refund as income ?
Can we recognise in books IGST refund of Rs. 18000 refund as income ?