I have taken IEC and LuT online however my export order got cancelled from clients end.
Do I still need to file anything to government portal?
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LUT for exports and GST
Replies (5)
I think no you not need to file government any thing. then you exports the goods any time so used the LUT and IEC its my openion
No need to file
Not required to do anything
Hi Aniket,
Incase of IEC there is no monthly return required.
However incase of GST monthly return filing is mandatory.
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).
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