Answer

1. F

   Facts

   Exports and supplies to SEZ are zero-rated and appear in Table 5 if made under LUT without tax, or in Table 4 if made with IGST paid. They must match GSTR-1 and shipping bill or invoice data.

2. P

   Provisions and law

   • Rule 80, CGST Rules 2017Annual return in GSTR-9 by 31 December after the financial year; GSTR-9C self-certified reconciliation where turnover is above Rs 5 crore
   • Sec 16, IGST Act 2017Exports and supplies to SEZ are zero-rated and can be made under bond or LUT, or with IGST and refund
3. A

   Analysis

   An exporter of services with Rs 3 crore of LUT exports reports them in Table 5 as zero-rated without payment of tax. If some exports were on IGST payment, those go in Table 4 with the tax. Refunds received during the year do not reduce turnover in GSTR-9. Make sure the LUT was in place for the year, since exports without LUT and without IGST create a demand risk.

4. C

   Conclusion

   1. 1Split exports into with-IGST and under-LUT
   2. 2Match each with GSTR-1 export tables and shipping bills or FIRCs
   3. 3Fill Tables 4 and 5 accordingly
   4. 4Keep the LUT acknowledgement for the year in the annual file

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.