Lut / bond for the supply of goods/services to sez

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VIJAY K (Querist)
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01 August 2017 Hi,
Our company has manufacturer status. Our main revenue is from trading by importing the goods. We supply goods and services to SEZ also. Earlier, we obtain form A1/A2 from SEZ unit for supply of goods/services. Please explain what is the procedure to follow now? I understand that we are not eligible for LUT as we do satisfy the inward remittance condition (minimum of 1 crore). Hence, please advise how to obtain bond in place of LUT and how to use it.

Nilesh

Nilesh (Expert)
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02 August 2017 You need to File RDF-11 alongwith that you need to give BG equal to 15% of your estimated lGST

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