Export related
This query is : Resolved
25 June 2018
What is the tax liability in case of advance received for the purpose of export sale?
CA R SEETHARAMAN
(Expert)
25 June 2018
No tax applicable on advance received for export sales.
25 June 2018
Sir, Please provide section and rules no. where this is written that GST is not applicable in case of advance received for export sale.
CA R SEETHARAMAN
(Expert)
25 June 2018
GST not applicable on advance received for local sale of goods also.
25 June 2018
Sir,in case of services what is the tax implication of above problem?
CA R SEETHARAMAN
(Expert)
25 June 2018
Advance received for service taxable. In case of export of service furnish LUT in GST portal no GST payable
26 June 2018
Sir,but How we can disclose the advance received for export service in GSTR-1 and GSTR-3B?
CA R SEETHARAMAN
(Expert)
26 June 2018
Furnish LUT no GST payable including advance received on export of service.
30 June 2018
Sir, I want to know whether we are required to disclose the above advance in GSTR-3B and GSTR-1 or not.If we are required to disclose then where we disclose the above advance in GSTR forms.
CA R SEETHARAMAN
(Expert)
30 June 2018
Advance to be disclosed only when GST applicable.
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
- Depreciation Chart Companies Act
- EPF ECR NEW FILE SEP 17TH 2026
- Capital Gail Exemption Certificate
- Capitalgain tax purposes for valuation report compulsory
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- GST on Renting godown to KFCSC for Storage of Raagi
- Oct 2025 Invoices
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- TAX AUDIT ON PROFESSIONAL INCOME
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
