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<h1>Delhi Trade Dept: Exporters Can Use LUT Instead of Bond for Tax-Free Exports, Conditions Apply.</h1> The notification from the Delhi Department of Trade and Taxes allows all registered exporters to furnish a Letter of Undertaking (LUT) instead of a bond for exporting goods or services without paying integrated tax. This is applicable unless the exporter has been prosecuted for tax evasion exceeding INR 250 lakh. The LUT must be submitted on the exporter's letterhead and signed by an authorized individual. It becomes invalid if the exporter fails to pay due taxes and interest within the specified period but can be reinstated upon payment. The notification also applies to zero-rated supplies to Special Economic Zones and is effective from October 4, 2017.