Hii, I want to do Export of consultancy services with tax, I dont have LUT. so can you tell me what will be tax rate on export of services.
Replies (6)
Quick Summary
This discussion clarifies the GST rate applicable to the export of consultancy services when an LUT (Letter of Undertaking) is not available. The consensus is that 18% IGST applies to such service exports. The 0.1% rate mentioned is for merchant exporters procuring goods, not for service providers.
1% GST rate not exist as per prevailing GST rates on export of service. But if you are merchant exporter then you will have to pay nominal GST of 0.1% for procuring goods from domestic suppliers for export.