https://www.taxtmi.com/forum/issue?id=115230 Acceptance of a Letter of Undertaking (LUT) for supplies to countries outside India and to SEZ developers or units is permissible irrespective of whether payments are made in Indian rupees or convertible foreign exchange, provided realization of export proceeds is in accordance with applicable RBI guidelines; realization of export proceeds of services in Indian rupees is allowed where RBI permits. A refund of integrated tax on exports may be claimed under the refund provisions subject to submission of a required disclaimer certificate. Where goods are tax paid domestically prior to export, a LUT is not required. en-us Tue, 23 Jul 2019 18:24:33 +0530 Thu, 23 Jan 2025 15:55:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115230 Acceptance of a Letter of Undertaking (LUT) for supplies to countries outside India and to SEZ developers or units is permissible irrespective of whether payments are made in Indian rupees or convertible foreign exchange, provided realization of export proceeds is in accordance with applicable RBI guidelines; realization of export proceeds of services in Indian rupees is allowed where RBI permits. A refund of integrated tax on exports may be claimed under the refund provisions subject to submission of a required disclaimer certificate. Where goods are tax paid domestically prior to export, a LUT is not required. Discussion-Forum GST Tue, 23 Jul 2019 18:24:33 +0530 https://www.taxtmi.com/forum/issue?id=115230