How to Create Export Invoice in GST?

How to Create Export Invoice in GST?

What is an Export Invoice Under GST?

An export invoice is created by an exporter for exporting goods and services to a recipient outside India in a foreign currency.

An export invoice format is the same as well as particulars normal tax invoice under GST. However, some additional details form part of the GST Export Invoice.

What does require in export invoice under GST?

To create an invoice for export must contain the following details:

  • Name, address, and GSTIN of the supplier.
  • Invoice number 
  • Date of issue
  • Due date
  • Name, billing address, and if the shipping address of the recipient is different.
  • Bank details
  • Weight & no of boxes
  • Port of loading
  • Port of discharge
  • Country of final destination
  • Country of origin
  • LUT details
  • Next, you will need to add the type of export.

There are 3 types of export, let’s try to understand each one:

  • Export under Bond/ LUT – supply of goods, services or both, under bond or letter of undertaking, without paying IGST, and them claiming a refund of unutilized ITC on purchases of inputs used for supplying the respective exported goods or services
  • Export with IGST – Any exporter, the UN, any Embassy or other agencies who supply goods or services, paying IGST, can claim a refund on the IGST paid on the supplied goods or services
  • SEZ with IGST – Since the supply of goods or services to SEZ is treated as a zero-rated supply, no IGST will be paid on such supply. If you enter the GSTIN of their receiver, the country of supply will be selected as India and the currency of the invoice will be INR.

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