Pradeep Jain - Chartered Accountant

My query is related to export of goods. That an Assessee export goods in single and small shipments. There are no. of shipments are exported in a month. Order is received on Amazon but value declare on invoice is less than the actual sale price as the customer not clear the goods because of duty imposed on that country. So we declare the value which is not levied to duty in that country. Goods are shipped through Air. But the payment received in account is actual price of Product. Is there any problem faced by us in future regarding the less declaration and payment difference. And how the compliance is done in Gst whether it is mandatory to show the export figure in 3b or just show the bills in gstr1. Please guide.

Ans.Sir, the major issue of valuation will be for the customer in that country who has imported said goods on undervaluation so as to avoid the customs duty paid to the said government of that country. There will be penalties and repercussions under the law of that country. If we have exported the goods under bond / without payment of GST then there will not be any problem in GST as duty is not payable. But if it is cleared on payment of GST then there is less payment of GST. However, as per rules, we should show the correct value in the GST invoice for the export goods as well as in GSTR1 and GSTR 3B. Since, you are receiving more money then it is clear case of undervaluation of goods.

Sir, we are a taxpayer dealing in health care services. We have been making supply on which tax was payable by us but we have not paid the same erroneously. The same has been pointed out by department recently. Please suggest whether we have to pay interest and penalty along with tax.

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