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.
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