DIFF LUT EXPORT & NON-LUT EXPORT
This query is : Resolved
TARIQUE RIZVI
(Querist)
22 November 2019
Dear sirs
What is the basic difference between both these two categories ?
What is the basic difference between both these two categories ?
CA R SEETHARAMAN
(Expert)
22 November 2019
No IGST payable on LUT export whereas IGST payable on non LUT export.
09 December 2019
You can export goods or services without tax if you have LUT. If you don't have LUT then you have to pay applicable tax on all export business.
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