Facility of furnishing Letter of Undertaking extended to more exporters

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....acility of furnishing Letter of Undertaking extended to more exporters <br>GST<br>Dated:- 1-10-2017<br><BR>Small exporters have brought to the notice of the Government the difficulties in furnishing b....

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....ond with requisite bank guarantee. To facilitate exports under GST, it has been decided that the facility of furnishing Letter of Undertaking, in place of a bond, for exporting goods or services or bo....

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....th shall be allowed to exporters and no bank guarantee will be required.The relevant notification for this shall be issued in due course. The issue of cash blockage is expected to be partially addres....

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....sed by this measure. More measures are under consideration.<BR> News - Press release - PIB....