What is an Export Invoice under GST?

Export means sale of goods or services to a person located outside India. Under GST, Exports falls under the category of zero-rated supplies. When a seller exports goods or services to its buyer, he must issue an invoice. An exporter shall issue a Tax Invoice as per the GST Rules with the additional details of export.

How many copies of an Export Invoice should be issued?

There is no term such as an Export Invoice under GST. Thus, a seller making exports should issue a Tax Invoice with details of export.

When the seller issues a tax invoice in case of export, he must mention the following text :

  • Payment of IGST – “Supply meant for export on payment of IGST”
  • If IGST has not been paid – “Supply meant for export under bond or LUT without payment of IGST”

The copies of the invoice issued are the same as in the case of tax invoices.

In the case of supply of goods, the seller should issue three copies of an invoice:

  • Original copy: for the buyer and marked as ‘Original for Recipient
  • Duplicate copy: for the transporter and marked as ‘Duplicate for Transporter
  • Triplicate copy: for the seller and marked as ‘Triplicate for Supplier

In the case of supply of services, the seller should issue two copies of an invoice:

  • Original copy: for the buyer and marked as ‘Original for Recipient
  • Duplicate copy: for the service provider and marked as ‘Duplicate for Supplier

FAQs

Do I have to pay GST on exports?

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.

What is an Export Invoice?

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.

What are the different types of GST apart from IGST?

It is charged on the sale of goods and services. Under the GST regime, there are three different types of taxes introduced – IGST, CGST, SGST / UTGST.

Got Questions? Ask Away!

  1. Hey @TanyaChopra

    The invoice date is the date when the invoice is created on the bill-book, while the due date is when the payment is due on the invoice.

    Hope this helps!