Zero Rated

[Manaram C]

We are looking the LUT certificate would somebody help us.

[KASTURI SETHI]

LUT is not certificate. LUT stands for Letter of Undertaking and it is i in lieu of executing Bond to safeguard Govt. revenue.

[ANITA BHADRA]

Dear Sir

Are u looking for LUT Format - RFD 11 . If yes , here is the format :-

FORM GST RFD-11

[See rule 96A]

Furnishing of bond or Letter of Undertaking for export of goods or services

1. GSTIN

2. Name

3. Indicate the type of document furnished Bond:Letter of Undertaking:

4. Details of bond furnished

Sr. No.	Reference no. of the bank guarantee	Date	Amount	Name of Bank and branch
1	2	3	4	5

Note – Hard copy of the bank guarantee and bond shall be furnished to the jurisdictional officer.

5. Declaration -

(i) The above-mentioned bank guarantee is submitted to secure the integrated tax payable on export of goods or services.

(ii) I undertake to renew the bank guarantee well before its expiry. In case I/We fail to do so the

department will be at liberty to get the payment from the bank against the bank guarantee.

(iii) The department will be at liberty to invoke the bank guarantee provided by us to cover the

amount of integrated tax payable in respect of export of goods or services.

Signature of Authorized Signatory

Name

Designation / Status -------

Date ----------

Letter of Undertaking for export of goods or services without payment of integrated tax (See rule 96A)

To

The President of India (hereinafter called the "President"), acting through the proper officer I/We .................................. of..........................…………… (address of the registered person) having Goods & Services Tax Identification Number No………………………………………… , hereinafter called "the undertaker(s) including my/our respective heirs, executors/ administrators, legal representatives/successors and assigns by these presents, hereby jointly and severally undertake on this .................. day of ................... to the President

(a) to export the goods or services supplied without payment of integrated tax within time specified in sub-rule (1) of rule 96A ;

(b) to observes all the provisions of the Goods and Services Tax Act and rules made thereunder, in respect of export of goods or services;

(c) pay the integrated tax, thereon in the event of failure to export the goods or services, along with an amount equal to eighteen percent interest per annum on the amount of tax not paid, from the date of invoice till the date of payment.

I/We declare that this undertaking is given under the orders of the proper officer for the performance of enacts in which the public are interested.

IN THE WITNESS THEREOF these presents have been signed the day hereinbefore written by the undertaker(s)

Signature(s) of undertaker(s).

Date :

Place :

Witnesses

(1) Name and Address Occupation

(2) Name and Address Occupation

Date

Place

Accepted by me this.............................day of ......................... (month).................…….. (year)

………………………………..of ……………..

(Designation) for and on behalf of the President of India

[ANITA BHADRA]

Dear Sir ,

Are you looking for LUT Format . If yes , here is the format :-

FORM GST RFD-11

Letter of Undertaking for export of goods or services without payment of integrated tax (See rule 96A)

[Kishan Barai]

LUT approval has to be obtained from your GST Range office, for that you need to present

1. IEC Code

2. GSTN Code

3. RCMC or FIEO Certificate

4. Request letter in Latter Pad of your Firm, etc

After LUT approval certificate of your firm would be generated & afterwards you can start sourcing @ 0.1% IGST

AI Summary

Letter of Undertaking enables export without payment of integrated tax, subject to documentary conditions and enforceable guarantees. Letter of Undertaking (LUT) is an alternative to a bond or bank guarantee permitting export of goods or services without payment of integrated tax under rule 96A. FORM GST RFD-11 prescribes particulars for bank guarantees, a declaratory undertaking to export within specified time, compliance with GST provisions, and liability to pay integrated tax with interest if exports fail. LUT approval requires application to the GST range office with IEC, GSTIN, export certificates and a request letter; the department may invoke guarantees or require payment on noncompliance.