Post receipt of LuT, Can we raise invoice for export with IGST ?
Post receipt of LuT, Can we raise invoice for export with IGST ?
RameshBabu Kari
Can an exporter raise an invoice with IGST after obtaining a Letter of Undertaking? Discussion clarifies refund possibilities. A forum discussion revolves around whether an invoice for export can be raised with Integrated Goods and Services Tax (IGST) after receiving a Letter of Undertaking (LuT). One participant confirms that it is possible to raise an invoice with IGST. Another agrees with this view, while a third participant questions the necessity of paying IGST if an LuT for export without payment is obtained. The final response clarifies that filing and acceptance of an LuT does not prevent the exporter from paying IGST and subsequently claiming a refund or rebate. (AI Summary)