Get 3 Yrs of CCI Pro Membership at Greater Value. Subscribe Now!

Export of service without BRC and Agreement

497 views

Save Share

santwana gautam

46 Points Posted on 03 May 2023

Supplier has declared Rs 65 lk export of service,and showing bill (which is unclear as HSN is related to other service) and LUT only.supplier has not availed ITC, so as neither availing tax or liability generated.Also not showing any agreement not telling anything about transaction on pretext that fire broke recently so all records burnt Bank statement also showing payment received prior to raising bill .Matter is raised by Audit authority.How to deal such transaction ,

Replies (2)

Quick Summary

This discussion addresses how to handle an audit query regarding service exports declared without a Bill of Export (BRC) or agreement. The supplier has provided unclear bills and an LUT, but no ITC has been availed. The audit authority is questioning the transaction due to missing documentation, including the lack of an agreement and a fire incident destroying records. The advice suggests preparing export bills as per GSTR-1, obtaining FIRC/BRC from the bank, retrieving duplicate bills for inward supplies from GSTR-2B, and assembling all available online records. It also recommends documenting the fire incident and cooperating with the authorities.

Pankaj Rawat

GST Practitioner

29904 Points Posted on 03 May 2023

First all do prepare the export bill as per reported in GSTR-1 filed & get FIRC /BRC certificate from the bank against those export invoices .
And for Inward Supply you need to take reference from your GSTR-2b/2a get the duplicate bills from supplier whose bills are appearing in GSTR-2b.

CA SANDESH MAHIPAL

Practicing in GST and MSME

1149 Points Posted on 04 May 2023

Try to assemble all relevant documents which are available online on GSTN portal or Income Tax Portal or bank. Suggestions by Pankaj ji are very relevant. Try to prepare books of accounts based on available records which will help you to know lacking areas. Ensure you have FIR copy or some govt. document proving occurance of fire incident.

Try to be helpful to authorities to provide all the requisite issues.

Regards