Bond or Letter of Undertaking for exports may be accepted by jurisdictional tax officers pending taxpayer allocation. Zero-rated export supplies may be made either without payment of IGST on furnishing a bond or Letter of Undertaking (LUT), with refund of unutilised input tax credit, or by payment of IGST and claiming refund under the refund provisions. The prescribed bond or LUT must be filed in the specified GST form under Rule 96A. Until the administrative mechanism for assigning taxpayers between State and Central tax authorities is implemented, the bond or LUT furnished by exporters is to be accepted by the jurisdictional Assistant Commissioner or Deputy Commissioner of State Tax/Commercial Tax.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Bond or Letter of Undertaking for exports may be accepted by jurisdictional tax officers pending taxpayer allocation.
Zero-rated export supplies may be made either without payment of IGST on furnishing a bond or Letter of Undertaking (LUT), with refund of unutilised input tax credit, or by payment of IGST and claiming refund under the refund provisions. The prescribed bond or LUT must be filed in the specified GST form under Rule 96A. Until the administrative mechanism for assigning taxpayers between State and Central tax authorities is implemented, the bond or LUT furnished by exporters is to be accepted by the jurisdictional Assistant Commissioner or Deputy Commissioner of State Tax/Commercial Tax.
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