GST export without LUT

As per section 50 CGST Act interest is applicable @ 18%, on tax due & if not file the return then late fee is 50/- per day or Maximum 10000/- for both the act , whichever is less is applicable

IGST charged in tax invoice (without LUT) can either be adjusted from ITC available or will be paid at the time of furnishing of GST return, later on this IGST will be refund in bank account.

I have delayed in filing renewal of LUT by 1 day fro FY 19-20 and during that 1 day I have made the exports also, what will be the consequences under GST in this case, do i have to pay IGST in this regard or can condonation for delay can be made?

Originally posted by : Neha Rajput
	I have delayed in filing renewal of LUT by 1 day fro FY 19-20 and during that 1 day I have made the exports also, what will be the consequences under GST in this case, do i have to pay IGST in this regard or can condonation for delay can be made?

Hello Neha,

Said issue already resolved by Board vide Circular No. 37/11/2018-GST dated 15th March 2018. Please refer point no.4 therein by which all such delays has been considered and condoned. Hence, no need to pay IGST or filing of any condonation for delay in filing LUT.

Thanks and Regards,

Manoj B. Gavali

Thank you Sir

Sir, 

Can i Take ITC on which materials sold to export or sez unit