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>Exporters Must Submit Bonds or LUTs for Tax-Free Exports u/r 96A of GST Rules 2017.</h1> The circular addresses issues related to the furnishing of bonds or Letters of Undertaking (LUT) for exporting goods and services without payment of integrated tax. Exporters must submit a bond or LUT in FORM GST RFD-11 as per Rule 96A of the Central Goods and Services Tax Rules, 2017. Eligible exporters may use LUTs, while others must provide bonds, which should be running bonds covering estimated tax liabilities. The jurisdictional Commissioner will decide on the necessity and amount of a bank guarantee. LUTs are valid for twelve months, and the acceptance of bonds/LUTs is facilitated by tax authorities. These instructions apply to exports from July 1, 2017.
TaxTMI 
TaxTMI 
