TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>New Guidelines on Bonds and LUTs for Tax-Free Exports Under CGST Act 2017: Eligibility and Validity Details.</h1> The circular addresses issues related to the furnishing of bonds or Letters of Undertaking (LUT) for exporting goods and services without paying integrated tax under the Central Goods and Services Tax Act, 2017. Exporters eligible to use LUTs are specified, while others must provide bonds. A running bond is required, covering estimated tax liability, with bank guarantees determined by the jurisdictional Commissioner based on the exporter's track record. LUTs are valid for twelve months, and existing bonds/LUTs are valid until July 31, 2017. The jurisdictional Deputy/Assistant Commissioner will accept bonds/LUTs, and exporters have flexibility in choosing the tax authority for submission.
TaxTMI 
TaxTMI 
