How to report export transactions effected without payment of IGST?                           Answer  - One practical question being faced by exporters at this point of time is that how shall they report export transactions which have been effected by them without payment of IGST. IGST Act provides the option to make exports without payment of GST under the cover of Bond or Letter of Undertaking (LUT). The taxpayer needs to furnish the details of these transactions in GSTR-1, even though no tax is payable. Furnishing the correct details will help exporter to claim the refund of ITC on inputs purchased. Exporter can furnish the details of exports made without payment of IGST in Table 6 of GSTR1 under Heading "6A. Exports" or "6B. Supplies made to SEZ unit or SEZ Developer" as per the situation. Tax Amount will be furnished as "0" (Zero) because no tax is being paid. If you have any query feel free to comment or email us at support@taxgrid.in