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    <title>Registered person shall be eligible for submission of letter of UT Bond</title>
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    <description>Conditions permit a registered person to furnish a Letter of Undertaking instead of a bond for export without payment of integrated tax under rule 96A(5). Eligibility is limited to status holders under the Foreign Trade Policy or persons meeting the prescribed foreign inward remittance threshold relative to export turnover in the preceding financial year, provided there is no prosecution for offences involving tax evasion beyond the specified safeguard. The LUT must be furnished in duplicate in the annexure to FORM GST RFD 11 and executed by designated authorised signatories on the registered person&#039;s letterhead.</description>
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