GST LUT & Export Bond - File Online
GST LUT or Letter of Undertaking can be filed by exporters using Form GST RFD 11 to enable exports from India without making IGST payment. GST registered persons not eligible to file under GST LUT can undertake exports by furnishing export bond. SainiSa can help you with GST LUT filing or furnishing export bond.
GST LUTOverviewLetter of Undertaking is commonly known as LUT. The Letter of Undertaking (LUT) is prescribed to be furnished in form GST RFD 11 under rule 96A, whereby the exporter declares that he/she would fulfil all the requirements prescribed under GST; while exporting without making IGST payment. All GST registered goods and service exporters are eligible to submit LUT except the exporters who have been prosecuted for any offence and the amount of tax evasion exceeds Rs.250 lakhs under the CGST Act or the Integrated Goods and Services Tax Act,2017 or any of the existing laws. In such cases, where the exporter is not eligible to file LUT, they would have to furnish an export bond. SainiSa can help you with GST LUT filing or export bond filing. Get in touch with our GST Experts to know more about exporting under LUT or export bond. |
