Facility to furnish Letter of Undertaking (LUT) for Financial Year 2021-2022 not available on GSTN

Form GST RFD – 11 or Letter of Undertaking is furnished for export of goods or services, where Export is made without payment of GST.

Any registered person availing the option to supply goods or services for export /SEZs without payment of integrated tax has to furnish, prior to export/SEZs supply, a Letter of Undertaking (LUT). Provided, he has not been prosecuted for tax evasion for an amount of Rs 2.5 Crore or above under the CGST Act/IGST Act/Existing law.

Example of transactions for which LUT can be used are:

• Zero-rated supply to SEZ without payment of IGST.
• Export of goods to a country outside India without payment of IGST.
• Providing services to a client in a country outside India without payment of IGST.

Facility to furnish LUT for Financial Year 2021-2022 now available on GSTN