https://www.taxtmi.com/forum/issue?id=112939 Concessional GST for merchant exporters was announced by the GST Council but awaits an IGST Act notification; until that notification is issued exporters must apply the applicable IGST rate. Trade guidance has advised merchant exporters can procure for export without payment of GST by furnishing a Letter of Undertaking (LUT) and thus treat exports as zero-rated in practice, creating interim compliance options amid unresolved clarification on specific concessional slabs. en-us Fri, 13 Oct 2017 15:09:10 +0530 Thu, 23 Jan 2025 15:55:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112939 Concessional GST for merchant exporters was announced by the GST Council but awaits an IGST Act notification; until that notification is issued exporters must apply the applicable IGST rate. Trade guidance has advised merchant exporters can procure for export without payment of GST by furnishing a Letter of Undertaking (LUT) and thus treat exports as zero-rated in practice, creating interim compliance options amid unresolved clarification on specific concessional slabs. Discussion-Forum GST Fri, 13 Oct 2017 15:09:10 +0530 https://www.taxtmi.com/forum/issue?id=112939