is UT1. dated 25.5.17 valid as per the circular no.8/8/17 dated 04Oct 2017 ?

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Ramesh Davera (Querist)
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09 November 2017 Page 1 of 5
Circular No. 8/8/2017-GST
F. No. 349/74/2017-GST (Pt.) Vol.-II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
GST Policy Wing
New Delhi, Dated the 4
th October, 2017
To,
The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/
Commissioners of Central Tax (All)
The Principal Director Generals/Director Generals (All)
Madam/Sir,
Subject: Clarification on issues related to furnishing of Bond/Letter of Undertaking for
exports
In view of the difficulties being faced by the exporters in submission of bonds/Letter of
Undertaking (LUT for short) for exporting goods or services or both without payment of
integrated tax, Notification No. 37/2017 – Central Tax dated 4
th October, 2017 has been issued
which extends the facility of LUT to all exporters under rule 96A of the Central Goods and
Services Tax Rules, 2017 (hereafter referred to as “the CGST Rules”) subject to certain
conditions and safeguards. This notification has been issued in supersession of Notification No.
16/2017 – Central Tax dated 7th July, 2017 except as respects things done or omitted to be done
before such supersession.
2. In the light of the new notification, three circulars in this matter, namely Circular No.
2/2/2017 – GST dated 5th July, 2017, Circular No. 4/4/2017 – GST dated 7th July, 2017 and
Circular No. 5/5/2017 – GST dated 11th August, 2017, which were issued for providing clarity
on the procedure to be followed for export under bond/LUT, now require revision and a
consolidated circular on this matter is warranted. Accordingly, to ensure uniformity in the