Clarification on issues related to furnishing of Bond/Letter of Undertaking (LUTs) for exports

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....larification on issues related to furnishing of Bond/Letter of Undertaking (LUTs) for exports - Reg. The LUTs being submitted online in FORM GST RFD-11 on the common portal are not visible to the jurisdictional officers of States and Central Board of Indirect Taxes and Customs. Therefore, a need was felt for a clarification regarding the acceptance of LUTs being submitted online in FORM GST RFD....

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....that an exporter whose LUT has been so accepted, was ineligible to furnish an LUT in place of bond as per Notification No. CCT/26-2/2017-18/13/3048 dt. I l. 10.2017published in the Official Gazette, Series I No. 28, Extraordinary, dt. ll. 10.2017, then the exporter's LUT will be liable for rejection. In case of rejection, the LUT shall be deemed to have been rejected ab initio." 3. Difficul....