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.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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