Dear Experts
Finished goods are sent to Sea/Air port for Export purposes. Due to technical reasons the material doesn't qualify for export at port and hence is returned back to factory. No Shipping Bill is prepared. Material is returned with the Tax Invoice.
Whereas GSTR-1 for the month was filed showing Export Sales of the consignment mentioned above without Shipping Bill Details.
Kindly advise the effect of the Export Sales Return in GSTR-1 in subsequent month. How should we show return unlike raising Credit Note for B2B sales?
Thanks, Pravin Nair
Handling Returned Export Goods: Issue Credit Note for GSTR-1 Discrepancy, Cancel Invoice as per GST Rules. An individual sought advice on handling a situation where goods intended for export were returned to the factory due to technical issues, without a shipping bill, but were already reported as export sales in the GSTR-1 filing. Experts in the forum suggested issuing a credit note to address the discrepancy and cancel the invoice shown in GSTR-1. One expert referenced a public notice outlining the procedure for returning goods to the town. Another expert endorsed the suggestion of using a credit note as a solution under GST regulations. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
