13 April 2021
Respected Sir, Please guide me and oblige.
Ours export sales is under LUT and therefore while feeding the data of export sales in GSTR-1, we mention “Without Payment of tax “in the column of GST Payment and simultaneously Integrated Tax has been shown as NIL.
But in few of the months of the fy 2020-21 we have mentioned “ With Payment of tax “ instead of “Without Payment of tax “ but simultaneously Integrated Tax has been shown as NIL.
19 April 2021
Hello, It is advisable to rectify the same in next GSTR 1 which is not filed , by making Amendment to Export Invoice & Select the Correct option.
It is also advisable to enter the Taxable Amount in Rate-wise column according to the Commodity which will help you to avoid such mistake in Future because
If your Select 'Without Payment' Option then even if your enter the amount in 18% Taxable Value , IGST will be calculated as NIL whereas if you select 'With Payment' it will calculate the Tax
CAclubindia
