DOCUMENTS REQUIRED FOR LETTER OF UNDERTAKING FOR EXPORT UNDER GST

Posted By on July 28, 2017

As per the circulars and notification issued by the Government and the existing practice in various commissionerates under the Goods and Services Tax, we are noting below the list of documents that the officials are usually asking at the time of submission of the offline Letter of Undertaking for Export without payment of IGST.

It may be noted that as per Notification No. 16/2017 dated 01st July 2017, a person is eligible to Export under Letter of Undertaking without payment of IGST if the exporter has received the due foreign inward remittances amounting to a minimum of 10% of the export turnover, which should not be less than one crore rupees, in the preceding financial year i.e. FY 2016-17 or he is a status holder in the Foreign Trade Policy 2015-2020.

CHECK LIST OF DOCUMENTS FOR LUT

S. No. Information
1. Form GST RFD – 11 duly signed
2. Letter of Undertaking
3. Copy of Certificate of Provisional Registration in FORM GST REG – 25 (Self Attested)
4. Copy of PAN Card of the Company (Self Attested)
5. Copy of Import Export Code (IEC) Certificate (Self Attested)
6. Copy of MOA / AOA of the Company (Self Attested)
7. Copy of ID & Address Proof of all the Directors (Self Attested)
8. CA Certificate with Last year Export and Sales Figures along with Foreign Remittances received – F.Y. 2016-17 (Certified by CA)
9. Certificate from Bank for Realisation of Foreign Inward Remittance (Issued by Bank)
10 ID Proof of Two Witnesses (Self Attested)
11. Authorisation Letter

We are enclosing the Circular No. 4/4/2017 dated 7th July, 2017, providing clarification issued by the Government with regard to LUT and Bond for ready reference purpose.

LUT BOND CLARIFICATION-page-001 LUT BOND CLARIFICATION-page-002 LUT BOND CLARIFICATION-page-003

Leave a Reply

Your email address will not be published. Required fields are marked *

DISCLAIMER

The Views expressed on this blog are strictly personal and for knowledge of our clients only. The contents of this blog are solely for informational purpose and it does not constitute any professional advice or recommendation. The laws related to GST and other taxes are under evolution and subject to constant changes and amendments over time. It is suggested to take specific legal advice and necessary due diligence before relying on the contents and information of this Blog. The authors of this blog, does not accept any liabilities for any loss or damage of any kind arising out of information on this blog and for any actions taken in reliance thereon.