https://www.taxtmi.com/forum/issue?id=117853 Export of services invoiced in a foreign currency must be reported in GSTR-1 in Indian rupees by converting the invoice value using the exchange rate prevailing on the invoice date. Permissible sources for the conversion rate include official exchange-rate notifications, published newspaper rates, the taxpayer's bank rate, or the reference rate ordinarily used for services; taxpayers should adopt a consistent, documentary exchange rate for GSTR-1 invoice-value reporting. en-us Thu, 10 Mar 2022 19:16:11 +0530 Thu, 23 Jan 2025 15:54:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117853 Export of services invoiced in a foreign currency must be reported in GSTR-1 in Indian rupees by converting the invoice value using the exchange rate prevailing on the invoice date. Permissible sources for the conversion rate include official exchange-rate notifications, published newspaper rates, the taxpayer's bank rate, or the reference rate ordinarily used for services; taxpayers should adopt a consistent, documentary exchange rate for GSTR-1 invoice-value reporting. Discussion-Forum GST Thu, 10 Mar 2022 19:16:11 +0530 https://www.taxtmi.com/forum/issue?id=117853