LUT refers to the Letter of Undertaking and this is a document which is filed by the exporters to export goods or services without having to pay taxes. Under the new GST regime, all exports are subject to IGST, which can later be reclaimed via a refund against the tax paid.
An LUT spares exporters' effort of pursuing a refund and eliminates the blocking of funds by way of tax payments. Its filing can be done online, making it super-easy and quick. Under CGST Rules, 2017, any registered person can furnish a bond or LUT in form GST RFD 11 and export goods without the payment of integrated tax. Connect with Onfiling to file your GST LUT.
Let's Complete The Process in 4 Simple Steps
Connect with Onfiling Experts by filling up the query form as per your services requirements, our team will contact and explain you the complete process of required service in simple terms.
As per the discussion with Experts you can submit the documents through email to the concerned person with 50% professional fees and the complete government fees for the services.
Once your documents are submitted, our team will draft the required forms as per the documents shared and will send you back for the final review before submitting to authorities.
Once you give confirmation our team will file the documents and give you acknowledgement. Once application is approved by authorities you will get the required certifications without any hassle.
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