https://www.taxtmi.com/circulars?id=61140 The facility of a Letter of Undertaking (LUT) under rule 96A is extended to all registered persons for export of goods or services without payment of integrated tax, except persons prosecuted for serious tax evasion offences; LUT is valid for the financial year but is deemed withdrawn if exports are not completed in prescribed time and tax is unpaid. Bonds, when required, must be on non judicial stamp paper and accompanied by a bank guarantee; self declaration suffices for initial acceptance and LUT/bond must be processed within three working days or deemed accepted. en-us Thu, 02 Nov 2017 00:00:00 +0530 Tue, 28 May 2019 10:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61140 The facility of a Letter of Undertaking (LUT) under rule 96A is extended to all registered persons for export of goods or services without payment of integrated tax, except persons prosecuted for serious tax evasion offences; LUT is valid for the financial year but is deemed withdrawn if exports are not completed in prescribed time and tax is unpaid. Bonds, when required, must be on non judicial stamp paper and accompanied by a bank guarantee; self declaration suffices for initial acceptance and LUT/bond must be processed within three working days or deemed accepted. Circulars GST Thu, 02 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61140