TaxTMI 
TaxTMI 
Is is mandatory to issue GST Invoice in case of export of goods in INR?
or alternatively for GSTR-1 filing can be done on the basis of INR value in Shipping Bill?
GST Invoice in case of Export of Goods
26 May 2019 
6 Replies 
1583 Views Asked by
GST invoice requirement: exporters under LUT must issue GST invoices for zero-rated supplies and report them in GSTR-1.
Suppliers must issue a tax invoice or bill of supply as mandated by GST, and invoices are the basis for GSTR-1 reporting. Exports under a Letter of Undertaking are zero-rated but require issuance of a GST invoice (not a bill of supply) and such invoices should be used for compliance and filing. Practical portal displays that show bill of supply for exports constitute an inconsistency; taxpayers should issue the correct GST invoice and consult the jurisdictional officer when system labels conflict with statutory requirements. (AI Summary)
Suppliers must issue a tax invoice or bill of supply as mandated by GST, and invoices are the basis for GSTR-1 reporting. Exports under a Letter of Undertaking are zero-rated but require issuance of a GST invoice (not a bill of supply) and such invoices should be used for compliance and filing. Practical portal displays that show bill of supply for exports constitute an inconsistency; taxpayers should issue the correct GST invoice and consult the jurisdictional officer when system labels conflict with statutory requirements. (AI Summary)