export

Import / Export 154 views 5 replies
procedure for export in gst
Replies (5)
with LUT No need to charge IGST Tax
without LUT needs to charge IGST Tax
what is lut nd procedure for getting lut
exports are considered zero rated supplies under sec 16 of IGST Act and you can export With payment of iGST or Under a bond or letter of undertaking.
a taxpayer who exports the goods or service will have to furnish LUT in GST RFD-11 form on the GST portal.

procedure of LUT:
1.Submit RFD-11 on GST portal online .once form is submitted ARN will be generated.
2.No document needs to be physically submitted to the jurisdictional office for acceptance of LUT.
3. A LUT shall be deemed to be accepted as soon as acknowledgement for the same bearing Application reference number (ARN) is generated online.
for details refer circular no. 40/14/2018-GST DT April 06,2028.

hope it suffice your requirement.
Step 1: Login to GST Portal
Step 2: Go to ‘SERVICES’ Tab > ‘User Services’ > Select ‘Furnish Letter of Undertaking(LUT)
Step 3: Select the financial year for which Letter of Undertaking is applied for from the ‘LUT Applied for Financial Year’ drop-down list. Eg: 2017-18

Step 3: Fill up the necessary details on the Letter of Undertaking Form/ GST RFD-11 that appears on the screen
The following needs to be done on the form:
Self-Declaration: Tick mark by clicking against each of the three boxes

Give Independent Witnesses Information: Mention the Name, Occupation and Address of two independent witnesses in the boxes highlighted in red color mandatorily.


Step 4: Enter the Place of filing > Click on ‘SAVE’ & submit
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