LUT (Letter of undertaking)
The Letter of Undertaking is a document submitted by the exporter in order to export goods or services without the payment of taxes. In case the LUT is not filed, the exporter may export by payment of IGST and then claim the refund of tax paid. Letter of Undertaking is filed online using the form GST RFD 11. By filing LUT, the exporter undertakes that all the requirements prescribed for this route will be fulfilled by him.
Documents required:
- 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 RFD 11 form
- Copy of IEC code
- Cancelled cheque
- Authorized letter
