What is LUT

who have to apply for LUT??
Replies (3)
Quick Summary
A LUT, or Letter of Undertaking, is a document required for businesses making exports or supplying to Special Economic Zones (SEZs) under GST. It allows exporters to ship goods without paying Integrated Goods and Services Tax (IGST) upfront. If you wish to avoid charging IGST on your export or SEZ supplies, applying for a LUT is a necessary step.

For exports...
Exporters can apply LUT...
It's necessary to apply
If taxpayer don't want to charge IGST in his export (& SEZ) then it's better...

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