What is LUT

243 views
User Avatar

132 Points Posted on 04 March 2020
who have to apply for LUT??
1 Reply Share Follow
On 04 March 2020 at 17:07 Report
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.

User Avatar

"Do the Right Thing...!!!"
128162 Points Posted on 04 March 2020
For exports...
Exporters can apply LUT...
Reply
On 04 March 2020 at 17:41
User Avatar

132 Points Posted on 04 March 2020
It's necessary to apply
Reply
On 04 March 2020 at 17:43
User Avatar

"Do the Right Thing...!!!"
128162 Points Posted on 04 March 2020
If taxpayer don't want to charge IGST in his export (& SEZ) then it's better...
Reply
On 04 March 2020 at 17:46

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Criteria to hire an article
  2. Guidence requested for a Finance Professional with
  3. Expert Opinion Required – Form 140 Gross Amo
  4. WRONG TAX DEMAND - formal responses , rectificatio
  5. Foreign remittance
  6. Affordable Residential Flats in Gurgaon
  7. Manufacturing
  8. TAN REGISTRATION ON E-FILLING SITE
  9. Form 10-IEA – Continuing Old Regime
  10. Income tax act 2026

More recent discussions | Post

Related Topics :

Loading