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Export of Service - Invoice Currency

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..... Dear Experts, If my export of service invoice raised on client is in USD, how to show that amount in GSTR-1 ? Because in GSTR-1 , they are asking for INR amount in Invoice value tab. (Note - M .....

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..... y transaction is Export of service without payment of tax under LUT) Thanks in advance. - Reply By Rajagopalan Ranganathan - The Reply = Sir, Convert the invoice value shown in USD into rupee .....

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..... s by adopting the exchange value of USD on the invoice date and show the same in GSTR-1 . - Reply By Sahil Shah - The Reply = Ok sir thanks, Also, is there any specific source from where the exc .....

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..... hange rate has to be taken? - Reply By Rajagopalan Ranganathan - The Reply = Sir, You may refer to Exchange Notification issued by CBIC or exchange rate published in leading newspapers, - Reply By .....

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..... Ganeshan Kalyani - The Reply = You may ask your Bank. - Reply By Shilpi Jain - The Reply = For services use the RBI rate for conversion of USD to inr - Export of Service - Invoice Currency - Que .....

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..... ry Started By: - Sahil Shah Dated:- 10-3-2022 Goods and Services Tax - GST - Got 5 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management Indi .....

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..... a - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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