export of goods on FOC reporting in GST return

[Abhijeet Mane]

Hi Team, Our client export goods to their related party outside India. They export goods on free of cost basis.

We need to understand whether we need to report this transaction in our GST return and if yes what value we should consider in our GST return for the same.

Thank You

AI Summary

Guidance on Reporting Free Export Transactions to Related Parties: Use Shipping Bill Value for GST Returns. A client exports goods free of cost to a related party outside India and seeks guidance on whether such transactions need to be reported in the GST return and the value to consider. The response suggests checking if a value was declared in the shipping bill, implying that this value should be used for GST reporting purposes.