Hi,
When we file GSTR 1 Return and if i have Export Invoice under LUT. Do i have to show in HSN Wise Summary. If yes than what rate i should select. Is it same as demestic invoice. Just rate i have to select 0%?.
Hi,
When we file GSTR 1 Return and if i have Export Invoice under LUT. Do i have to show in HSN Wise Summary. If yes than what rate i should select. Is it same as demestic invoice. Just rate i have to select 0%?.
Yes, when filing the GSTR-1 return, export invoices under LUT (Letter of Undertaking) must be reported in the HSN-wise summary. You should include the HSN code for the goods or services exported and select the applicable rate, which is typically 0% for exports under LUT.
Karia Overseas
Ahmedabad
CA
View Details
Aggarwal Sarawagi and Co
New Delhi
CA
View Details
R P S K & Associates
Nashik
CA Inter
View Details
SSGS and Associates
Chennai
CA Inter
View Details
CAclubindia
