Export Invoice is a form of Tax Invoice under GST. A seller making export of goods or services must issue an Export Invoice to his buyers.
As per the GST Invoice Rules, an Export Invoice must have the following details:
- Export details
- Shipping Bill Number, Shipping Bill Date and Shipping Port Code
- Country of Supply
- Number and date of application for removal of goods for export (ARE-1)
- Type of Export
- Deemed Export
- Export under Bond/LUT
- Export with IGST
- Seller’s details
- The legal name of the business
- The registered address of the business
- GSTIN of the state from which goods or services are supplied
- Buyer’s details
- The legal name of the business
- Delivery address
- Invoice details
- Invoice Number – A serial number, containing alphabets or numerals or special characters like hyphen or dash (-) and slash (/) unique for a financial year
- Date of Invoice
- Place of Supply – select Other Territory [Read More: List of State Codes under GST]
- Item details
- HSN Code of Goods or SAC Code of Services as per the turnover limit applicable to the seller
- Item name describing good or service sold
- Quantity in case of goods and UQC i.e. Unit Quantity Code [Read More: List of Unit Quantity Codes (UQC) under GST]
- Item Rate – price of the of good or service
- Taxable value of supply of goods or services or both, taking into account the discount or abatement if any
- Tax details
- Tax Rate (Central tax, State tax, Integrated tax, union territory tax or cess)
- Amount of tax charged in respect of taxable goods or services i.e. CGST, SGST, IGST, UTGST, Cess
- Whether the tax is payable on a reverse charge basis
- Total value of supply of goods or services or both
- Signature or Digital Signature of the supplier or his authorized representative
Sample Export Invoice
FAQs
To boost Exports, the Government had announced Duty Drawbacks under the previous laws for the tax paid on Exports of exempted goods. For GST, the Duty Drawback is only available on customs duty paid on imported goods. An Exporter dealing in Zero-rated goods under GST can claim a refund for zero-rated supplies.
The Export Invoice is a broader term that encompasses forms like the Commercial Invoice and the Proforma Invoice. These forms have details of the buyer and seller of the goods, a description of the items and the number of goods sold.