Export bond-2020-21

The first step in furnishing an LUT is to log into your profile on the GST portal.

Under the ‘Services’ tab, the ‘User Services’ drop-down has the option of ‘Furnish Letter of Undertaking (LUT)’.
Once this is selected, the first thing to do is to select the financial year. This is where a manually furnished LUT can also be uploaded in PDF or JPEG format.
Next, a self-declaration must be filed, in which one undertakes to:
Complete the export of goods/services within three months of the date of issue of export invoice, or such further period as allowed by the Commissioner
Adhere to the GST laws with respect to exports
In case of failure to export, pay the IGST along with interest at the rate of 18% from the invoice date to the date of payment of IGST
You are required to fill in the names of two independent witnesses, along with their occupations and addresses.
In the next screen, enter the place of filing. Once this procedure is complete, you may preview the form.
The application can be signed with a registered digital signature certificate or via electronic verification code. Both options appear on the form. Once signed and submitted, the form cannot be edited.

Everything done by only question is can we apply online for bond instead of LUT under RFD-11,As their is not provision to write bank guarantee or anything relAted to bond amount
as dept reading LUT/BOND words Under Rule 96A.