We can help you file the Letter of Undertaking to save IGST payment on your exports.
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Letter of Undertaking or LUT is mandatory to be filed with the government if you want to export goods without payment of tax.
The main objective of government behind the introduction of LUT registration is the promotion of exports from India.
You do not need to pay the IGST on exporting your goods if you carry a LUT certificate.
With LUT, you will be able to grab the global opportunities easily with comparatively less lengthy customs procedure.
On carrying LUT registration, you can avoid plugging your funds into paying IGST liability which can rather be utilized for boosting your export business.
Gone are those days when you had to wait for months for getting the refund of taxes paid on exports. You can now conduct export without paying IGST.
LUT is an acronym for the Letter of Undertaking, which is a document filed by an exporter to get a relief from payment of IGST on exports. In order to boost exports, the government has provided the option of filing LUT for exporters to do exports without payment of IGST.
Upload the required documents & business details to our web portal.
Consult our business advisor on how to File LUT for export.
Our professional will verify the validity of documents & Information provided.
On submission of details, LUT online application will be signed with EVC.
Your LUT online application will be sent for approval by the GST Department
On verification of details, the LUT will be successfully filed.
Those individuals can't apply for LUT registration who have violated any law or have been prosecuted for any offence under CGST Act, 2017 or IGST Act, 2017 or any existing laws in force, or in case the amount of tax evaded by them exceeds 2.5 crores.
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