https://www.taxtmi.com/forum/issue?id=119971 Advances for exported services made under a valid LUT are included within the statutory concept of consideration and the time of supply may be earlier of payment or invoice; however, where the export is a zero-rated supply effected under LUT, no GST is payable on the advance itself, although the transaction must be reported in returns at the time of invoicing and appropriate records maintained to substantiate the zero-rated treatment. en-us Mon, 05 May 2025 16:56:07 +0530 Wed, 07 May 2025 16:49:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119971 Advances for exported services made under a valid LUT are included within the statutory concept of consideration and the time of supply may be earlier of payment or invoice; however, where the export is a zero-rated supply effected under LUT, no GST is payable on the advance itself, although the transaction must be reported in returns at the time of invoicing and appropriate records maintained to substantiate the zero-rated treatment. Discussion-Forum GST Mon, 05 May 2025 16:56:07 +0530 https://www.taxtmi.com/forum/issue?id=119971