Application for LUT in export of goods

Save Share

This query is : Resolved

Quick Summary

This discussion clarifies how companies can claim GST refunds for goods exported from India via courier, especially when GST was paid on raw materials. It explains that zero-rated exports are eligible for refunds, either with IGST payment or under a Letter of Undertaking (LUT). The process for applying for an LUT on the GST portal is also outlined.

priyanka karandikar

priyanka karandikar (Querist)
Follow

27 March 2023 Sir/Madam,

Company has exported certain goods outside India by way of courier.
GST is 0 rated.
Invoice made for the exports mentions the GST.
The exporter company has spent GST specifically on purchase of raw materials in India.
How the same can be claimed back?
What is the role of LUT in this. Is it required to file LUT before exports?

Arun Kumar Singh

Arun Kumar Singh (Expert)
Follow

27 March 2023 A registered person making zero rated supply shall be eligible to claim refund with payment of IGST or without payment of tax under LUT.

priyanka karandikar

priyanka karandikar (Querist)
Follow

27 March 2023 Ok, The company has delivered the goods through courier - The invoice states GST as 0.
when LUT is required? Can you explain the procedure.

Arun Kumar Singh

Arun Kumar Singh (Expert)
Follow

27 March 2023 yes required on GST portal you can apply for LUT.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now