Export invoice update in Gst
This query is : Resolved
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binu sukumaran
(Querist)
09 October 2025
Sir.
We received$ 2450 @ 86.50 = 212047 in our bank account against export service.
Which check FIRC in fount that 1540 bank charge incurred, same amount found GST2A.but 1540 entery not see in bank statement. May be 1540 deducted and net amount 212047 received.
It is part payment. We make statements of found receivable from overseas, they release part of that statement after 9 months.
My doubt Which amount is taken in Gst as export invoice
1 . 212047
2.212047 + 1540.
Please advise.
Binu
We received$ 2450 @ 86.50 = 212047 in our bank account against export service.
Which check FIRC in fount that 1540 bank charge incurred, same amount found GST2A.but 1540 entery not see in bank statement. May be 1540 deducted and net amount 212047 received.
It is part payment. We make statements of found receivable from overseas, they release part of that statement after 9 months.
My doubt Which amount is taken in Gst as export invoice
1 . 212047
2.212047 + 1540.
Please advise.
Binu
09 October 2025
For GST reporting on export services, the amount to be disclosed as the export invoice value should be the gross amount received from overseas before bank charges are deducted, i.e., the amount actually paid by the foreign customer, not the net amount after bank charges. If the bank charges were deducted before remitting to your account and reflected in your FIRC (Foreign Inward Remittance Certificate) and GST2A, you should use the gross remittance amount for GST, not the net credit to your bank statement.
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09 October 2025
Refer to FIRC for the total remittance received from the customer.
Treat bank charges as expense, not as a deduction from export turnover for GST.
For GST returns, always use the gross amount (FIRC value).
Reconcile bank statement to net receivable and record bank charges separately.
Correct export invoice value for GST: ₹213,587 as per FIRC.
Treat bank charges as expense, not as a deduction from export turnover for GST.
For GST returns, always use the gross amount (FIRC value).
Reconcile bank statement to net receivable and record bank charges separately.
Correct export invoice value for GST: ₹213,587 as per FIRC.
Message likes :
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binu sukumaran
(Querist)
10 October 2025
Sir,
thanks you for your valuable update
thanks you for your valuable update
Message likes :
1 times
10 October 2025
You are welcome...
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