Sales Return of Export goods (thro' import and duty paid against igst refund)

[Radhakrishnan Srinivasan]

Sir,

One invoice of export sales goods (sep 2019) returned (imported thro' paying of customs duty). How we will accounted and put entry in GSTR 1 and GSTR 3B. (This month igst thro' sales invoice is less than IGST refund thro' customs duty for the previous export sales returned).

Thank you sir,

with kind regards,

S.Radhakrishnan

AI Summary

Input tax credit adjustment neutralises IGST refund impact when returned export goods are re imported and duties paid.
Payment of customs duty on re imported export goods followed by availment of IGST as Input Tax Credit should be reported in the electronic credit ledger and declared when filing GSTR-3B, which will neutralise the earlier IGST refund position arising from the original export.