2025年2月3日 · LUT or a letter of undertaking is a document serving as a formal agreement by the exporter to meet certain conditions. Upon submitting an LUT, the exporter can avoid paying GST on exports and does not have to go through the hassle of claiming ITC.

2021年10月18日 · What is LUT in GST? The full form of LUT is Letter of Undertaking. It is a document that exporters can file to export goods or services without having to pay taxes. Under the new GST regime, all exports are subject to IGST, which can later be reclaimed via a refund against the tax paid.

2025年1月10日 · All registered taxpayers who export goods or services to a country outside India or to Special Economic Zones (SEZs) will need to furnish a Letter of Undertaking (LUT) in Form GST RFD-11 on the GST portal, in order to make these exports without the payment of IGST.

To file the Letter of Undertaking (LUT) for export of goods or services at the GST Portal, perform the following steps: 1. Access the GST Portal at www.gst.gov.in URL. The GST Home page is displayed. 2. Login to the GST Portal with valid credentials. 3. Click the Services > User Services > Furnish Letter of Undertaking (LUT) command. 4.

2024年2月14日 · What is a GST LUT? Think of the LUT as a legal commitment to the government, declaring your intent to fulfill all GST obligations related to your exports. It helps you do better tax planning and allows you to export goods or services without paying the Integrated Goods and Services Tax (IGST) upfront.

2024年9月25日 · Form 11A contains two numbers: 1. ARN (Application Reference Number) 2. LUT Number (also known as the GST LUT Reference Number) The LUT Number is the one you should use for your invoice. This number is unique to your LUT application and serves as a reference for your Letter of Undertaking.

2024年3月21日 · The Letter of Undertaking (LUT) is a critical document for GST-registered entities engaged in exporting goods or services outside India without tax payment. Understanding the eligibility criteria, documentation requirements, and procedural steps for applying for an LUT using Form RFD-11 is essential for seamless compliance with GST regulations.