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Advance receipt against export of services

Chandrika N M (Finance) (3 Points)

07 April 2019

Dear All,

Can somebody please guide me as to how to enter advance received against export of services in GSTR 1. Invoice has not been issued against this advance received as the work has not been done against the same yet.

Thanks & Regards.

Chandrika.

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9 Replies

Ajeet Singh (Service ) (190 Points)
Replied 07 April 2019

Not required to report any advance received in GST Return.

Report on Export at the time of Commercial Invoice Raised with details of Shipping Bill, Bill of Lading/AWB.

Chandrika N M (Finance) (3 Points)
Replied 07 April 2019

As it is export of service there will be no shipping bill. Can you plz share the reference of the section/rule/notification regarding this.

Thanks and Regards.

Chandrika.

Vipul Acharya (Account Officer) (639 Points)
Replied 07 April 2019

In case of export service date of booking of service invoice and what will be the exchange rate if invoice raised in USD

Rahul Rustagi (Student CA Final ) (310 Points)
Replied 07 April 2019

I think receipt voucher is required to be issued against the advanced received and should be shown under 'advance received' in GSTR-1.

Ajeet Singh (Service ) (190 Points)
Replied 07 April 2019

CGST Notification no. 66/2017 exempts all taxpayers from payment of tax on advances received in case of supply of goods..GST on Advance receipt in Services continued..

pritesh (CA Final student) (7101 Points)
Replied 07 April 2019

Advanced received for export of service need to ne reporter in gstr 1 by giving receipt voucher number in advanced received tab

Aarish (CA) (28 Points)
Replied 05 June 2019

there is no option to show "Other country" in "Place of supply" tab in GSTR 1. So GST portal does not allow to report advance of services for export (with or without payment of tax). For advance received for exempt supply within India one can show in 0% rate.