logo T a x - L o k
A Complete Solution of All Your Tax Problems
Developed by Prakhar Softech Services Ltd.
(In Association with Shanti Prime Publication Pvt. Ltd.)
Call Us 09001929869
Call Us Shopping Bag (0)
  • follow us on facebook
  • follow us on twitter
  • follow us on google plus
  • follow us on linkedin
  • follow us on pinterest
  • rss fee
  • Visitors 
  • 0
  • 8
  • 1
  • 6
  • 6
  • 7
  • 7
News :
News
Sub
Loding Content
Submit a Query
  Refresh
   Verification Code
View Orders
show products
FB Followers
What is New
Finance Bill 2018-19
Budget Speech 2018-19
Query Answer
go to back

We may be doing some development work for a French company- so what will be the GST, if applicable & how to make the invoice for Export of services?

Kindly solve my query. 

Reply

Export of service under GST is ‘zero rated supply’ i.e. the goods or services exported shall not be levied GST.

However, there are two ways to export:

1.)    The goods and services can be exported either on payment of Integrated Goods and Service Tax (IGST) @ 18%, which can be claimed as refund after the goods have been exported, OR

2.)    Export under bond or Letter of Undertaking (LUT) without payment of IGST.

Invoice for export of service: - In case of export of goods or services, the invoice shall carry an endorsement “SUPPLY MEANT FOR EXPORT ON PAYMENT OF INTEGRATED TAX” or “SUPPLY MEANT FOR EXPORT UNDER BOND OR LETTER OF UNDERTAKING WITHOUT PAYMENT OF INTEGRATED TAX”, as the case may be.

In addition to rule 7 (Invoice Rule) also contain the following details:

1.)  name and address of the recipient; 

2.)  address of delivery; and 

3.)  name of the country of destination:

go to back