GST effect of Merchant Exporter

[Binu Karuthedath]

Dear Expert

A is the Merchant Exporter bought goods from B for the export purpose by paid with IGST . A have to export the same goods to UAE by Forex invoice. A can't be executed any Bond or LUT.and A cannot show IGST in their export invoice, due to Foreign currency Invoice How A can export these goods under GST regime? and what is the documents prepared under GST export .is any IGST have to pay before exporting the goods byA , if yes how A can pay IGST?

AI Summary

Merchant Exporters: IGST Not Required on Export Invoices but Must Be Included on Tax Invoices A merchant exporter, referred to as A, purchased goods from B for export to the UAE, paying IGST. A cannot execute a Bond or LUT and is unable to display IGST on the foreign currency export invoice. Experts advised that A need not show IGST on the export invoice but must include it on the tax invoice, stating 'SUPPLY MEANT FOR EXPORT ON PAYMENT OF IGST.' No IGST payment is required before export; it is paid with monthly tax liabilities, and refunds can be claimed. Freight and insurance charges are zero-rated, and exports should not list IGST charges on invoices.