LUT for exports and GST

If your export order was cancelled after obtaining an Import Export Code (IEC) and Letter of Undertaking (LUT), you generally do not need to file anything with the government for that specific cancelled transaction. While IEC doesn't require monthly returns, GST filing remains mandatory for registered taxpayers exporting goods or services. LUTs are valid for one year, and eligibility depends on not having been prosecuted for significant tax evasion.