GSTR 1 6a invoice gross amount or after paypal fees deduction

[Shan S]

Export 6a table - invoice value should be invoice amount raised to client for software service

or the amount received in the bank account after paypal charges

Eg:$1000 raised to client $100 paypal fees deducted and Bank account remittance is 74000Rs.

Then in gstr1 74000 should be input or 85000 Gross invoice amount should be input, as FIRC will be only for 74000 rs. Paypal charges gst for its fees though

Pl clarify- if 85000 Rs. Gross invoice amount to be reported, then what should be shown as proof for difference in receipt in bank and invoice amount. When we opt for LUT without payment of tax.

AI Summary

PayPal Export Services GST Reporting: Declare Full Invoice Value with Bank Receipt Fees as Separate Expense A discussion forum post explores GST reporting for export services involving PayPal transaction fees. The key issue is whether to report the gross invoice amount or net amount received after deductions. Consensus recommends reporting the full gross invoice value in GSTR-1 Table 6A, with the actual bank receipt amount separately documented. PayPal fees are considered a separate business expense and do not impact GST reporting for export services under LUT.