GST on Export Invoices
This query is : Resolved
26 April 2021
Assessee is handling ships of Foreign Resident Owners. Assessee raises invoices on foreign owners with IGST @ 18%
It comes under Exports with Payment of Tax.
On certain expenses like Transportation GST rate is 5 %
In such case while raising invoice for transportation on foreign owners IGST will be charges @ 5% or 18% ?
Also whether assessee should file online LUT from GST Portal ?
It comes under Exports with Payment of Tax.
On certain expenses like Transportation GST rate is 5 %
In such case while raising invoice for transportation on foreign owners IGST will be charges @ 5% or 18% ?
Also whether assessee should file online LUT from GST Portal ?
27 April 2021
18% applicable. All such supply and service will fall under export. Pay IGST and claim refund not to claim IGST on foreign ship owner.
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