Exporters Can Use Letter of Undertaking Instead of Bond for GST Exports, Simplifying Process and Eliminating Bank Guarantees.

Exporters Can Use Letter of Undertaking Instead of Bond for GST Exports, Simplifying Process and Eliminating Bank Guarantees. https://www.taxtmi.com/highlights?id=36464 To facilitate exports under GST, it has been decided to allow exporters the facility of furnishing Letter of Undertaking in place of a bond - This facility of furnishing Letter of Undertaking, in place of a bond, is allowed to exporters for exporting goods or services or both - Now no bank guarantee will be required.The relevant notification for this will be issued in due course - FM en-us Sat, 30 Sep 2017 15:15:53 +0530 Sat, 30 Sep 2017 15:16:36 +0530 TaxTMI RSS Generator Exporters Can Use Letter of Undertaking Instead of Bond for GST Exports, Simplifying Process and Eliminating Bank Guarantees. https://www.taxtmi.com/highlights?id=36464 To facilitate exports under GST, it has been decided to allow exporters the facility of furnishing Letter of Undertaking in place of a bond - This facility of furnishing Letter of Undertaking, in place of a bond, is allowed to exporters for exporting goods or services or both - Now no bank guarantee will be required.The relevant notification for this will be issued in due course - FM Highlights GST Sat, 30 Sep 2017 15:15:53 +0530 https://www.taxtmi.com/highlights?id=36464