Advance received on export of service - disclosure in GSTR-1

[Padmanathan KV]

A Registered Person is receiving advance on export of services (without payment of tax under LUT). Which column should the advance amount be disclosed in GSTR-1 and GSTR-3B?

AI Summary

Clarification Sought on Reporting Advances for Export Services Under LUT in GSTR-1 and GSTR-3B; GST Liability Unclear A registered person inquired about the disclosure of advance received on export of services in GSTR-1 and GSTR-3B, specifically when the export is without tax payment under a Letter of Undertaking (LUT). One respondent clarified that such advances are not liable to GST and thus do not need to be reported in the returns. However, the inquirer expressed concerns about the time of supply rules under the GST Act, questioning whether such advances should still be declared, citing sections of the CGST and IGST Acts. The discussion remains unresolved with further doubts expressed.