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<h1>Maharashtra Tax Circular: Exporters Must Submit Bond or LUT for IGST-Free Exports, Claim Tax Refunds on Zero-Rated Supplies.</h1> The circular from the Commissioner of State Tax in Maharashtra addresses the procedure for exporters to submit a bond or Letter of Undertaking (LUT) for exporting goods without paying Integrated Tax under the IGST Act. It outlines the eligibility for claiming tax refunds on zero-rated supplies and the requirement to furnish a bond or LUT before export. Exporters can submit these documents to either the Central or State Tax Authority until an administrative mechanism is in place. The circular aims to clarify procedures and facilitate exporters, emphasizing adherence to guidelines issued by the Central Board of Excise and Customs.