Position of exports - LUT

[Narayanan Sethumadhavan]

By oversight a period of 3 months not covered by LUT. What is the position for the exports made during the period, If SCN given for duty demand. Submission of proof of export will be enough to overcome the demand

AI Summary

Duty Payment Required for Exports Without LUT; Rebate Claim Possible if SCN Issued for Duty Demand A query was raised regarding the oversight of a three-month period not covered by a Letter of Undertaking (LUT) for exports, questioning the position if a Show Cause Notice (SCN) is issued for duty demand. The response advised that if the prescribed procedure was not followed, duty with interest should be paid, and a rebate against export can be claimed. This approach should be followed unless a better alternative is available.