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.
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.
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.
Any reference of the section/rule/notification regarding this.
Advance received against local services there is law that tax needs to be paid.
We are exporting Services outside india. We have LUT so we need not to pay once we export services and final invoice prepared.
We have received advance in July-19..And against which future export of services..We have not prepared Final Invoice yet...
Whether Advance against export of services taxable?
If Yes/No, please guide.
and share supporting reference of the section/rule/notification regarding this..
Any reference of the section/rule/notification regarding this.??
CAclubindia
