Issues related to Bond/Letter of Undertaking (LUT) for Export payment of Integrated Goods & Service Tax (IGST)

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.... CBEC, Govt. of India. Communications have been received from the professionals and exporters on the issue of difficulties faced while supplying goods or services or exports without payment of integrated tax and filing the FORM GST RFD-11. Therefore, for the purpose of uniformity in the implementation of the Act, following directions are being issued. 1. As per rule 96A of the Delhi Goods, and Service Tax Rules, 2017 any registered person availing the option to supply goods or services or both for export without payment of integrated tax shall furnish, prior to export, a bond or a Letter of Undertaking. This Bond or Letter of Undertaking is required to be furnished in FORM GST RFD-11. 2. The Central Board of Excise and Customs, Govt. of ....

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....of export is allocated alphabetically to Assistant Commissioners of Exporl Cell/KCS Branch vide order No. 7604-7611 dated 27-07-2017. The following procedure will be adopted for issuing the letter of acceptance. 1. The applications/FORM GST RFD-11 will be received by the staff at Single Window Counter (Export Cell) at 1st floor, GST Facilitation Centre. Department of Trade & Taxes, Vyapar Bhawan, I.P. Estate, New Delhi-1 10002. The timing will be as under:- Receiving of GST RFD-11 10:30 AM to 01:30 PM Distributions of Acceptance Letter 04:00 PM to 05:00 PM The acceptance letter will be given to the applicant or his authorised representative on production of power of attorney. 2 The concerned Assistant Commissioner will process the r....

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.... for first time during this year the expected export turnover may be mentioned on the basis of which Bond Amount could be calculated. C. Along with request letter mentioned above the following documents are to be submitted :- i. Form GST RFD-11 duly filled and signed with seal on company/ firm letter head. ii. Letter of Undertaking (prescribed format available on vwyw.cbec.gov.in) on company/ firms letter head (in duplicate) duly signed by the competent person as per Notification No. 16/2017 dated 07.04.2017 issued by CBEC, Department of Revenue, Govt. of India. iii. Certificate of status holder as per para 5 of Foreign Trade Policy 2015-2020 or Bank Certificate mentioning that the registered person/exporter has received the due foreig....

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....by the proprietor/ partner/ director/ authorised signatory as the case maybe. B. The request letter must mention the figure of export turnover during the preceding year 2016-2017. If the registered person is making export for first time during this year the expected export turnover may be mentioned on the basis of which Bond Amount could be calculated. C. Along with request letter mentioned above the following documents are to be submitted :- i. Form GST RFD-11 (Bond) dully filled and signed with seal on company/ firm letter head. ii. Bond (prescribed format available on www.cbec.gov.in) on ₹ 100/- Non judicial stamp paper dully signed by the proprietor/ partner/ director/ authorised signatory as the case maybe. The Bond would cov....