Gst Lut Filling

Letter of Undertaking is commonly recognized as LUT. All registered tax payers who export the goods or services will now have to furnish Letter of Undertaking (LUT) in GST RFD-11 form on the common portal of GSTN in order to make exports without payment of IGST.


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Benefits of filing LUT under GST

Exports without tax payment

Exports without tax payment

By filing LUT under GST, an exporter can export goods or services without paying the taxes.

Saves Working Capital

Saves Working Capital

The regular exporters are at a huge benefit by filing LUT online as the refund process under another route is a time-consuming process. During which the bunch of capital is blocked in the form of a due refund.

An Entire Financial Year Validity

An Entire Financial Year Validity

The Letter of Undertaking, once filed is valid for the whole financial year in which it is filed. Hence, unlike refund process, an exporter does not need to go through the procedural requirements every time an export consignment is carried out.

Simple and online process

Simple and online process

The filing of LUT and its acceptance, both are made online since April, 2018. The applicant does not need to visit the officers for acceptance. The whole process can be completed online by submitting a few required documents.

 
 
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Process of filing LUT under GST

  • Day 1 - Collection Professional guidance on the many processes.
  • ON DAY 5: Our team will put you in touch with an established vendor.
  • ON DAY 16: Full assistance until you get the registration you've have chosen.
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