Gst on exports

Sir,

We deal with rubber. Its IGST rate is 18%. I am not sure,i have heard that Export now is taxed at 0.01%.Any ideas?

Because for example we normally export container valuing Rs.30 lakhs,if we have to pay IGST @ 18%,it will be huge. 

So any clarification of reduced rate of tax rate for export?

@ Divakar..Yea..thats good idea..But we have 2 units..One has LUT and without payment of IGST. Thats pretty easy thing to do.

For the other unit,we dont have LUT,(it was previously not registered with Central Excise <1.5 Cr.). We are manufacturer exporters also.We have not ITC available to that unit,as we want to close it down by selling the stock held at that unit.(no purchases after GST,and closing stock has to be exported)

So we have to pay 18% IGST na?

Can we take LUT Bond for Firms which did not had Central Excise Registration previously?(have GSTIN,IEC etc)

Thanks a lot for your reply. I thought Letter of Undertaking apply only for Firms which was registered under Cetral Excise Earlier.

Plz have view on 11th point?