Refund of IGST - Export of goods or services or both without payment of IGST against under LUT/Bond and claim refund of ITC [Rule 96A of CGST Rule]

Refund of IGST - Export of goods or services or both without payment of IGST against under LUT/Bond and claim refund of ITC [Rule 96A of CGST Rule] https://www.taxtmi.com/manuals?id=2552 Exporters may supply goods or services without payment of integrated tax by furnishing a Letter of Undertaking (LUT) or bond in FORM GST RFD-11 before export; failure to export or realize payment within prescribed periods requires payment of tax with interest and leads to withdrawal of the LUT/bond facility until tax is paid, with restoration upon payment. LUTs are valid for the financial year, accepted upon online ARN acknowledgement without physical documents, while bonds and bank guarantees apply to ineligible persons and running bonds must cover self-assessed export tax liabilities. en-us Fri, 31 Mar 2023 17:07:00 +0530 Mon, 24 Mar 2025 17:18:00 +0530 TaxTMI RSS Generator Refund of IGST - Export of goods or services or both without payment of IGST against under LUT/Bond and claim refund of ITC [Rule 96A of CGST Rule] https://www.taxtmi.com/manuals?id=2552 Exporters may supply goods or services without payment of integrated tax by furnishing a Letter of Undertaking (LUT) or bond in FORM GST RFD-11 before export; failure to export or realize payment within prescribed periods requires payment of tax with interest and leads to withdrawal of the LUT/bond facility until tax is paid, with restoration upon payment. LUTs are valid for the financial year, accepted upon online ARN acknowledgement without physical documents, while bonds and bank guarantees apply to ineligible persons and running bonds must cover self-assessed export tax liabilities. Manuals GST Fri, 31 Mar 2023 17:07:00 +0530 https://www.taxtmi.com/manuals?id=2552