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<h1>GST export refunds: bond or Letter of Undertaking required for zero-rated exports; non-compliance triggers recovery with interest.</h1> Rule 96A requires a registered person opting to export without payment of integrated tax to furnish, prior to export, a bond or Letter of Undertaking in FORM GST RFD-11 to the Commissioner, binding to pay tax and interest within specified periods if exports do not occur or payment in convertible foreign exchange is not received; GSTR-1 export details must be electronically transmitted to Customs and export confirmations returned; failure to pay leads to withdrawal of the bond/LOU option and recovery under section 79, with restoration upon payment; provisions apply mutatis mutandis to SEZ supplies and the Government may notify conditions permitting an LOU in place of a bond.