Advance received for Export of services

[Mohideen A]

Dear Experts,

Whether advance received for Export of services (zero rated supply) to be reported in Table 11A -Tax Liability (Advances Received) of GSTR-1 ?

Thanks

AI Summary

Clarification on Reporting Advances for Zero-Rated Export Services in GSTR-1 Table 11A; Adjustments for GSTR-3B Explained. A user inquired whether advances received for the export of services, classified as zero-rated supply, should be reported in Table 11A of GSTR-1. Respondents agreed that such advances should be disclosed in GSTR-1 and GSTR-3B. However, they noted potential discrepancies between Table 6 of GSTR-1 and Table 3.1(b) of GSTR-3B, which might complicate refund claims. It was clarified that reporting should occur in Table 11A of GSTR-1, but not in GSTR-3B until the supply is completed. Subsequent reporting should be adjusted in later tax periods.