Feedback

export of services


Accounts Executive

in case of Export of services we have to make igst payment or not
 
Reply   
 
Student CA Final

Yes if u hv not LUT or BOND
 
Reply   
 

There are 2 options- With payment (rebate) Without payment (LUT,/bond)
 
Reply   
 
Accounts Executive

Make igst @ 18 % then apply for refund
 
Reply   
 
Chartered Accountant

No need to pay IGST on export of services. ( confirm that place of supply is outside India as per sec 13 of IGST) 

Option to debit the credit and pay the IGST by utilising the credit under export under rebate. Then go for the refund of amount apid for exports. 


Total likes : 1 times

 
Reply   
 
Accounts Executive

Thank you sir
 
Reply   
 
Student CA Final

But sir firstly he has to pay igst na... And later he will get refund for that
 
Reply   
 

in case of export services place of supply is generally outside india therefore it does not fall under the ambit of gst and therefore no question of igst get arosed

 
Reply   
 
Student CA Final

Dear karan.. Plz refer rule 96A of cgst act... Export of goods and services is zero rated but u hv to make igst payments on that when u r not exporting through either LUT OR BOND
 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU