An LUT or Export Bond is essential for GST-compliant exporting
Exporters in India registered under GST can take advantage of tax-free exports by submitting either an Export Bond or a Letter of Undertaking (LUT) in Form GST RFD-11. This mechanism facilitates exporters by avoiding the payment of Integrated Goods and Services Tax (IGST) upfront, thereby preventing working capital from being blocked. Let’s explore these provisions […]
An LUT or Export Bond is essential for GST-compliant exporting Read More »