https://www.taxtmi.com/circulars?id=56137 Extends Letter of Undertaking (LUT) eligibility to all registered exporters who, in the preceding financial year, received foreign inward remittances equal to or exceeding ten percent of export turnover and not less than one crore rupees, with status holders exempt from the threshold. LUTs must be on letterhead with authorised signature; LUT/bond must be processed promptly and accepted within three working days. Self-declarations and submitted proof are acceptable subject to post-facto verification. Bank guarantees may be waived in specified circumstances and CT-1 is not relevant under GST. en-us Mon, 28 Aug 2017 00:00:00 +0530 Tue, 10 Oct 2017 15:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=56137 Extends Letter of Undertaking (LUT) eligibility to all registered exporters who, in the preceding financial year, received foreign inward remittances equal to or exceeding ten percent of export turnover and not less than one crore rupees, with status holders exempt from the threshold. LUTs must be on letterhead with authorised signature; LUT/bond must be processed promptly and accepted within three working days. Self-declarations and submitted proof are acceptable subject to post-facto verification. Bank guarantees may be waived in specified circumstances and CT-1 is not relevant under GST. Circulars GST - States Mon, 28 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=56137