https://www.taxtmi.com/forum/issue?id=117906 Delay in furnishing a Letter of Undertaking (LUT) for zero-rated exports may be condoned and ex post facto acceptance permitted where exports have been effected and export proceeds received; such procedural lapse should not alone justify denial of a refund of unutilized input tax credit. Authorities may allow offline filing of LUT if the portal does not permit it and may levy penalties, but the substantive benefit of zero-rating should remain available provided revenue protection is not compromised. en-us Tue, 12 Apr 2022 10:55:20 +0530 Thu, 23 Jan 2025 15:54:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117906 Delay in furnishing a Letter of Undertaking (LUT) for zero-rated exports may be condoned and ex post facto acceptance permitted where exports have been effected and export proceeds received; such procedural lapse should not alone justify denial of a refund of unutilized input tax credit. Authorities may allow offline filing of LUT if the portal does not permit it and may levy penalties, but the substantive benefit of zero-rating should remain available provided revenue protection is not compromised. Discussion-Forum GST Tue, 12 Apr 2022 10:55:20 +0530 https://www.taxtmi.com/forum/issue?id=117906