https://www.taxtmi.com/circulars?id=56050 Eligibility for LUT requires a registered exporter to have received foreign inward remittances meeting the higher of a specified absolute threshold or a proportion of prior-year export turnover; Status holders are eligible regardless. LUTs are on letterhead and must be accepted within three working days. CT-1 is irrelevant under GST; zero rating applies only to supplies by the actual exporter under LUT or on payment of IGST. Supplies to EOUs are taxable like other supplies. Bank guarantee may be limited or waived on liberal grounds. Self-declaration and supporting documents will be accepted unless disproved; these clarifications apply from 1 July 2017. en-us Thu, 17 Aug 2017 00:00:00 +0530 Fri, 22 Sep 2017 13:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=56050 Eligibility for LUT requires a registered exporter to have received foreign inward remittances meeting the higher of a specified absolute threshold or a proportion of prior-year export turnover; Status holders are eligible regardless. LUTs are on letterhead and must be accepted within three working days. CT-1 is irrelevant under GST; zero rating applies only to supplies by the actual exporter under LUT or on payment of IGST. Supplies to EOUs are taxable like other supplies. Bank guarantee may be limited or waived on liberal grounds. Self-declaration and supporting documents will be accepted unless disproved; these clarifications apply from 1 July 2017. Circulars GST - States Thu, 17 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=56050