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All QuestionsHOW TO MAKE EXPORT INVOICE WITH IGST PAYMENT
Profile photo of vikas marothiavikas marothia asked 1 year ago

HOW TO MAKE EXPORT INVOICE WITH IGST PAYMENT

MAM AN EXPORTER MAKE THE BILL OF 20000$ SAY @65 AND IN GST BILL WE SHOW IGST IN INDIAN RS =1300000*.18=234000.NOW IN SHIPPING BILL TAXABLE VALUE IS SHOW 1300000 LAKHS AND IGST IS 234000,AND INVOICE VALUE IS 1300000, SO IS IT CORRECT OR WRONG..? 

  1. OUR CHA SHOULD SHOW IN SHIPPING BILL 1534000 AS A INVOICE VALUE ?
  2. IS IT RIGHT TO SHOW 1300000 AS TAXABLE VALUE OR INVOICE VALUE BOTH?
  3. IN GST INVOICE WE SHOULD SHOW SEPERATLY 1300000 TAXABLE VALUE IGST 234000 AND INVOICE VALUE 1534000?
  4. NOW WHAT SHOULD WE HAVE TO SHOWN IN TABLE 6A ?
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2 Answers
Profile photo of Sachin AgrahariSachin Agrahari answered 1 year ago

Dear Sir,
Your Query is regarding Billing of exports, Taxable value will be without tax, tax amount and Invoice value will be shown differently.

  1. Yes shipping value will be inclusive of tax that is Rs.15,34,000
  2. Taxable value will be only Rs. 13,00,000.
  3. Taxable value will be Rs.13,00,000, IGST Rs. 2.34,000 and Invoice Value Rs.15,34,000.
  4. In Table 6A of the GST Return every figure will be shown in their concerned head.i.e. Taxable amount, tax and Invoice value.
Profile photo of Sachin AgrahariSachin Agrahari answered 1 year ago

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