Import Export in India | Accounting Basics (Part 1)
Import Export Accounting in India explained under GST.
Learn zero-rated supplies, IGST on import, LUT exports and key documents.
Import and export accounting becomes easy when the basics are clear.
In this video, we cover the fundamental concepts of import and export transactions in India, focusing on process flow, key documents, and GST treatment before passing any accounting entries.
📌 What you’ll learn in this video:
Import vs Export explained simply
Import transaction process in India
Export transaction process under GST
Important documents
Common accounting mistakes in import–export transactions
How correct understanding improves accounting in Zoho Books
Next in this series:
Part 2 – Setting Up Zoho Books for Import & Export Transactions