Question 20:
XYZ (Manufacturer) cleared the goods for export without payment of IGST under LUT. the same was also shown in GSTR-1 Return as export without payment of GST. Now the goods are to be taken back to factory from Port since the customer had cancelled the order. What is the procedure to be followed under GST for this transaction?
Answer
If the return is not filed then cancel the invoice but if the return is filed then issue a credit note .(REPLY dt. 6/2/2018)