File Letter of Undertaking (LUT) in GST
LUT in GST:
LUT stands for Letter of Undertaking. Under Rule 96A of the CGST Rules, 2017, it must be furnished in Form GST RFD-11. Through this form, an exporter declares that they will comply with all applicable GST provisions while exporting goods or services without payment of IGST.
As per the CGST Rules, any registered person can furnish either an export bond or an LUT in Form GST RFD-11 to export without paying integrated tax. A person is eligible to apply for an LUT if they:
Intend to supply goods or services either outside India or to Special Economic Zones (SEZs).
Are registered under GST.
Wish to export goods or services without payment of integrated tax (IGST).
Documents Required for LUT under GST:
An LUT can be furnished by any GST-registered person, provided they have not been prosecuted for tax evasion exceeding ₹250 lakh or for any other offense.
- LUT cover letter – request for acceptance – duly signed by an authorized person
- Copy of GST registration
- PAN card of the entity
- KYC of the authorized person/signatory
- GST RFD11 form
- Copy of the IEC code
- Cancelled Cheque
- Authorized letter
