GSTR-1 Export Invoice Query - Partial Payment Received

I need guidance on a specific export invoice scenario for GSTR-1 filing:

Situation:

  • Original Invoice: $907 USD (dated June 26, 2025) - Export under LUT to US company
  • Payment Received: Only $500 USD (received July 10, 2025)
  • Shortfall: $407 USD - Client company facing financial issues, uncertain if remaining amount will be received

My Actions:

  1. Filed GSTR-1 for June 2025 with ₹42,876 (converted $500 at June 26 exchange rate)
  2. Reported this as the actual export value in Table 6A
  3. Did not include the unpaid $407 portion

Questions:

  1. Was this approach correct? Should I report the full original invoice value ($907) or only the amount actually received/realizable ($500)?
  2. If I receive the remaining $407 later (say in August 2025), how should I handle it in GSTR-1? Create supplementary invoice for that month?
  3. What if the $407 becomes a bad debt? Any specific treatment required for export bad debts under GST?

Additional Context:

  • This is under LUT (no GST liability)
  • Both original invoice and payment are properly documented
  • Client indicated financial stress but no formal write-off yet

As 11 was last date so i filled with this info do le me know if i should upate my gstr1 ?

Replies (2)
Quick Summary
This discussion addresses a query regarding GSTR-1 filing for an export invoice where only a partial payment was received. The user correctly reported the received amount in GSTR-1, considering the exchange rate at the time of invoice. If the remaining amount is received later, it should be reported in the GSTR-1 for the month of receipt. The discussion also touches upon the treatment of potential bad debts for export invoices under GST.

  1. Approach correctness: You reported the actual export value (907 USD converted to Rs.42,876 using June 26 exchange rate for the 500 dollers received.) Since you did not receive the full amount (407 dollers shortfall), and considering GST rules for exports under LUT, your approach of reporting the actual export value seems correct. You did not include the unpaid portion (407 dollers ), which aligns with reporting actual realizations for the month. 

Handling remaining $407 in August 2025: If you receive the remaining $407 in August 2025, you'll need to report this in your August GSTR-1 in Table 6A, considering the exchange rate at the time of receipt in August. You wouldn't need a suppliementary invoice for June; isntead, you'd account for it in August's GSTR-1 based on the amount received then. 

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