Deepak Kumar 31 July 2021
Heet Shah (Tax Consultant) 03 August 2021
Incase of IEC there is no monthly return required.
However incase of GST monthly return filing is mandatory.
debora M (BUSINESS DEVELOPMENT MANAGER) 21 September 2021
Any registered taxpayer exporting goods or services can make use of LUTs. However, any person who has been prosecuted for tax evasion for an amount of Rs. 2.5 Crores or above under the act is not eligible to furnish LUTs. The validity of such LUT's is for a period of one year (till the end of financial year).