Hello all,
Client works as a freelancer for a foreign client and send invoices to them in USD. We have applied for LUT in portal. Now in which column we need to show these invoices in GSTR 1.
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FREELANCER INVOICE IN GST 1.
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Quick Summary
Show in colomn 6A
You may fill in exempted turnover
Freelancer invoicing in USD under LUT:
• Export invoices can be in foreign currency (USD), with the INR equivalent (at the applicable exchange rate) reported in GSTR-1 Table 6A (exports without payment of tax, under LUT). Rule 46 allows foreign currency invoicing for exports, with "Supply meant for export under LUT without payment of IGST" stated.
• Place of supply "96 – Other Countries".
• Keep FIRC or e-FIRA for each payment (realisation proof).
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