vikas marothia asked 6 years ago
How to Make Export Invoice With IGST Payment
MAM, AN EXPORTER MAKE THE BILL OF 20000$ SAY @ 65 AND IN GST BILL WE SHOW IGST IN INDIAN RS =1300000*.18=234000. NOW IN SHIPPING BILL TAXABLE VALUE IS SHOW 1300000 LAKHS AND IGST IS 234000, AND INVOICE VALUE IS 1300000, SO IS IT CORRECT OR WRONG..?
- OUR CHA SHOULD SHOW IN SHIPPING BILL 1534000 AS A INVOICE VALUE?
- IS IT RIGHT TO SHOW 1300000 AS TAXABLE VALUE OR INVOICE VALUE BOTH?
- IN GST INVOICE WE SHOULD SHOW SEPARATELY 1300000 TAXABLE VALUE IGST 234000 AND INVOICE VALUE 1534000?
- NOW, WHAT SHOULD WE HAVE TO show IN TABLE 6A?
2 Answers
Sachin Agrahari answered 6 years ago
Dear Sir,
Your Query is regarding Billing of exports, Taxable value will be without tax, tax amount and Invoice value will be shown differently.
- Yes shipping value will be inclusive of tax that is Rs.15,34,000
- Taxable value will be only Rs. 13,00,000.
- Taxable value will be Rs.13,00,000, IGST Rs. 2.34,000 and Invoice Value Rs.15,34,000.
- In Table 6A of the GST Return every figure will be shown in their concerned head.i.e. Taxable amount, tax and Invoice value.
Sachin Agrahari answered 6 years ago
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