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.
