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about Invoicing in Export Of Service

Import / Export 206 views 4 replies
Hello

On what amount igst should be calculated

1. Amount which credited in bank
2. IGST included In Received Amount
Replies (4)
igst should be calculated with the following formula 100*r/(100+r) r is nothing but rate of interest
i am not understand this formula and what is procider of refund on igst of export service...
there is too much confusion in export of service
IGST should be calculated on invoice value.

However, if you go under LUT option, there is no need to pay tax for export of service.


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