Export invoice update in Gst
This query is : Resolved
Quick Summary
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.
Message likes :
1 times
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 :
1 times
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...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- ADVANCE PAYMENT OF ADVOCATE
- NRI starting business in India
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- DIN reactivation
- Eway bill not cancelled within 24 hous what can be due
- Capital gain on sale and purchase of plot
- TDS Return Q1 FY 2026-27
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
