We raised Invoice before we apply for LUT after that We applied LUT.In invoice we raised is without IGST.is it reuired to cancel earlier Invoice and issue fresh Invoice after LUT we received?
2 Replies
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 27 July 2018
You will have to generate invoice post LUT date and the Export Invoice must be reflected an endorsement as “Supply meant for Export under bond without payment of IGST”.
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 27 July 2018
invoices should be issued in validation of LUT period to not charged tax on invoices
so pay tax and get it refunded by applying refund application rfd_01a
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