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

[Shilpi Jain]

There must have been a value declared in the shipping bill?

AI Summary

Export of goods on free of cost basis: report in GST return using the declared shipping bill value for valuation. Query concerns reporting and valuation in GST returns for goods exported on a free of cost basis to a related party. The record contains a single reply asking whether a value was declared in the shipping bill, indicating the shipping bill value is the operative figure to consider for reporting such exports in the GST return.