TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Maharashtra Updates Tax Notification: Conditions for Exporting Without Integrated Tax Using LUT Instead of Bond.</h1> The Government of Maharashtra has issued Notification No. 37/2017-State Tax, superseding the previous Notification No. 16/2017-State Tax, to specify conditions for furnishing a Letter of Undertaking (LUT) instead of a bond for exporting goods or services without paying integrated tax. Eligible registered persons, except those prosecuted for tax evasion exceeding 250 lakh rupees, can use an LUT. The LUT must be on the registered person's letterhead and executed by authorized individuals. Failure to pay due tax and interest within the specified period will lead to withdrawal of the export facility without tax payment. These provisions also apply to zero-rated supplies to Special Economic Zones.
TaxTMI 
TaxTMI 
