How to apply for LUT for Export without payment of Tax| Letter of Undertaking |Export Under GST(LUT)
How to apply for LUT for Export without payment of Tax| Letter of Undertaking |Export Under GST(LUT)
How to apply LUT for Export under GST | What is Letter of Undertaking in GST for Export Business
In this video, we'll guide you through the step-by-step process of LUT for Export Business, in just 2 minutes.
How to apply LUT for Export Business | Letter of Undertaking in GST | Letter of Undertaking in GST
Every exporter is required to file LUT in case export is without payment of TAX (IGST).
WATCH THIS VIDEO TO KNOW:
LUT,
EXPORT WITHOUT PAYMENT OF TAX,
RENEWAL OF LUT,
LETTER OF UNDERTALING FOR EXPORT
EXPORT LUT UNDER GST,
GST,
EXPORT UNDER GST,
Any registered person availing the option to supply goods or services for export /SEZs without payment of integrated tax has to furnish, prior to export/SEZs supply, a Letter of Undertaking (LUT). Example of transactions for which LUT can be used are:
Zero rated supply to SEZ without payment of IGST.
Export of goods to a country outside India without payment of IGST.
Providing services to a client in a country outside India without payment of IGST.
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