Einvoice for Export under LUT

[SURYAKANT MITHBAVKAR]

Whether Einvoice (Generating IRN)for export under LUT (without payment of GST) is compulsory.

[SOWMYA CA]

Einvoicing is mandatory for taxpayers with an annual turnover of more than Rs. 20 crores from 1.4.2022. The exemption from einvoicing is only to SEZ /FTWZ units at present. Einvoicing is necessary for exports with or without payment of GST

[Ganeshan Kalyani]

E invoice is applicable for export -with or without payment of tax.

AI Summary

Einvoicing requirement applies to exports under LUT, including zero rated supplies, with limited SEZ/FTWZ exemptions.
Einvoicing obligations require generation of an IRN for taxable persons meeting the prescribed turnover threshold; this obligation extends to exports carried out under Letter of Undertaking (LUT) where tax is not paid, and applies irrespective of whether GST is paid on the export.