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Record GST Sales for Exporting Goods

If your company exports goods outside India, you can record such transactions in TallyPrime using a sales voucher. Taxes on such supply are applicable based on the type of export.

The transaction value appears in Exports Invoices – 6A in GSTR-1.

Record Export of Taxable Goods

Taxable exports to a regular party attract IGST.

While recording a sales voucher:

1. Select the party ledger for export of taxable goods
2. Select the sales ledger configured with Nature of Trasaction as Exports – Taxable.
3. Select the stock item configured with:
   • Taxability Type: Taxable.
   • IGST Rate.
4. Select the IGST ledger.
   
5. To enter any additional details for the export, enable Provide GST details. 
   
6. Provide any other necessary details and press Ctrl+A to save.

Record Export of Exempted Goods

Exempt exports have no tax applicability.

While recording a sales voucher:

1. Select the party ledger for export of exempted goods.
2. Select the sales ledger configured with Nature of Transaction as Exports – Exempt.
3. Select the stock item configured with Taxability Type as Exempt.
4. Do not select any tax ledger for exempted goods.
5. Provide any other necessary details and press Ctrl+A to save.

Questions & Answers

• I am exporting goods to a party registered as SEZ. As per law, the party should not be charged taxes. What should I do?
  For exports to a party registered as SEZ, IGST is chargeable for taxable goods but not collected from the party.
  1. Step 1: Create a sales invoice with IGST charged and share the invoice with the party without the IGST being displayed. You can configure to hide IGST details while printing the invoice.
  2. Step 2: For the IGST charged, create an adjustment entry by recording a journal voucher where the party ledger is credited and the IGST ledger is debited for the refund amount.
  3. Step 3: Once you apply and receive the IGST refund from the department, you can record a receipt voucher for that amount.