Requirements for filing LUT online
Documents required for filing LUT online
Procedure for filing LUT Online
- Step 1
Submit your details in the form provided above & Our Expert team will get in touch with you on the given contact details.
- Step 2
Send the requisite documents & details by mail or whatsapp
- Step 3
Filling of LUT in appropriate form online by our team
- Step 4
Generation of Acknowledgement and ARN will be sent by the GST portal on registered contact details
Frequently Asked Questions
Yes, supplies made to an SEZ unit or a SEZ developer
are zero rated. The supplies made to an SEZ unit or a
SEZ developer can be made in the same manner as supplies
made for export:
• either on payment of IGST under claim of refund;
• or under bond or LUT without payment of any IGST
The concept of merchant or manufacturer exporter
would become irrelevant under the GST regime. The
procedure in respect of the supplies made for export is same
for both merchant exporter and a manufacturer exporter.
Yes. As LUT received are given for a period ending upto financial year. Hence Registered person need to apply for renewal of LUT.
In the case of supply by an unregistered person (including unregistered job workers), the registered person i.e., the exporter shall be liable to pay GST under reverse charge mechanism. However, the exporter can avail ITC of such GST paid and either utilize the ITC or claim a refund of the same.
He has to pay the IGST along with the interest @ 18% per annum for the period From date of issue of export invoice upto date of Payment of IGST
Exports of goods means taking goods out of India to a place outside India. (Section 2(5) of
Supply of service to a person located outside India where place of supply of service is in India. For example – a property rented out in Mumbai to a person residing in Dubai; agent located in India providing service to a New York based exporter for selling goods to China.
Supply of services where consideration is received in Indian currency or a currency other than convertible currency. For example supply of consultancy service by an Indian consulting firm to an overseas entity, payment for which is made in Indian rupees by Indian branch of overseas entity.
Services provided to overseas branch would not be eligible as export of services due to specific exclusion for such transactions in the definition of “export of service”. This could entail reversal of input credits as such supply would be treated as non-taxable and not as zero rated.
Deemed exports refer to those transactions in which goods supplied do not leave country, and payment for such supplies is received in para 7.02 of Foreign Trade Policy 2015-2020 shall be regarded as ‘deemed exports’, provided that goods are manufactured in India.