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Do you have to make GST entry in Table 6A for export transactions if selling without payment of GST

Import / Export 387 views 2 replies

i do exports through ecommerce. these are small value orders in 300 to 1000rs range.  Do i have to make entry for every transaction when i m selling without payment of GST using Letter of Undertaking

Replies (2)

As an ecommerce exporter, you're eligible to export without paying GST under the Letter of Undertaking (LUT) scheme. GST Exemption: 1. *Export without GST*: As you're exporting without paying GST, you're not required to charge GST on your exports. 2. *LUT Scheme*: Under the LUT scheme, you're exempt from paying GST on exports, but you must provide a LUT to the GST authorities. Accounting and Reporting: 1. *Table 6A of GSTR-1*: You must report your exports in Table 6A of the GSTR-1 return, which includes details of exports without payment of GST. 2. *Invoice-wise Details*: Although you're not required to charge GST, it's recommended to maintain invoice-wise details of your exports, including the value, descripttion, and destination of the goods. Simplification for Small-Value Orders: 1. *Consolidated Invoices*: For small-value orders, you can consider issuing consolidated invoices for multiple orders, which can simplify your accounting and reporting process. 2. *Summary-level Reporting*: You can report your exports at a summary level, providing the total value and quantity of goods exported, rather than reporting each individual transaction. However, it's essential to ensure you maintain accurate records and comply with GST regulations. Consult a tax professional or accountant to confirm the best approach for your specific situation.

As an ecommerce exporter, you're eligible to export without paying GST under the Letter of Undertaking (LUT) scheme. GST Exemption: 1. *Export without GST*: As you're exporting without paying GST, you're not required to charge GST on your exports. 2. *LUT Scheme*: Under the LUT scheme, you're exempt from paying GST on exports, but you must provide a LUT to the GST authorities. Accounting and Reporting: 1. *Table 6A of GSTR-1*: You must report your exports in Table 6A of the GSTR-1 return, which includes details of exports without payment of GST. 2. *Invoice-wise Details*: Although you're not required to charge GST, it's recommended to maintain invoice-wise details of your exports, including the value, descripttion, and destination of the goods. Simplification for Small-Value Orders: 1. *Consolidated Invoices*: For small-value orders, you can consider issuing consolidated invoices for multiple orders, which can simplify your accounting and reporting process. 2. *Summary-level Reporting*: You can report your exports at a summary level, providing the total value and quantity of goods exported, rather than reporting each individual transaction. However, it's essential to ensure you maintain accurate records and comply with GST regulations. Consult a tax professional or accountant to confirm the best approach for your specific situation.


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