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Gst export invoice and conversion rate
EXPORT INVOICE CREATED ON 31/07/2018 - 1000USD- CONVERSION RATE 67.IGST ALSO APPLIED ON 67000/- (EWAY BILL ALSO GENERATED).
SHIPPING BILL DATED 04/08/2018- CONVERSION RATE USED - 67.80 WHICH CHANGES THE FOB AND INVOICE VALUE IN SHIPPING BILL.
MY QUESTION IS - WHAT WILL BE THE TREATMENT OF SUCH TRANSACTION AS IT WILL DIFFER MY INVOICE VALUE IN BILL AND INVOICE VALUE OF SHIPPING BILL.AND WHAT AMOUNT OF IGST HAVE TO PAY AS PER MY INOVICE OR SHIPPING BILL?? AND WHAT WILL BE IMPACT ON MY EWAY BILL?
Replies (1)
You have deposit IGST as per shipping bill
This difference of dollars rate change will be there ,prepare a reconciliation for the same.
There will be no impact on E-way Bill as it's understandable that difference is due to dollar rate change.
Note : Show the export bill value as per your Shipping Bill in your GSTr1 & 3b (Easy in getting refund)
This difference of dollars rate change will be there ,prepare a reconciliation for the same.
There will be no impact on E-way Bill as it's understandable that difference is due to dollar rate change.
Note : Show the export bill value as per your Shipping Bill in your GSTr1 & 3b (Easy in getting refund)
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