Reetu | Jan 27, 2025 |
GST Portal Update: Functionality to file LUT for FY 2025-26 now available on GST Portal
In a latest development, the GST portal has recently updated a functionality on its portal for the GST taxpayers. The functionality to file LUT (Letter of Undertaking) for FY 2025-26 is now available on GST Portal.
An LUT (Letter of Undertaking) in GST enables exporters to ship goods and services overseas without having to pay Integrated GST (IGST) up front. This approach improves cash flow by eliminating the requirement for tax payments before exports, avoiding the time-consuming return process.
All registered taxpayers who have zero-rated supply of goods or services have to furnish LUT in Form GST RFD-11 on the GST Portal before affecting such supply. The due date to file RFD-11 (LUT) for FY 2025-26 is 31st March 2025.
To file the Letter of Undertaking (LUT) for export of goods or services at the GST Portal, perform the following steps:
1. Access the GST Official Portal. The GST Home page is displayed.
2. Login to the GST Portal with valid credentials.
3. Click the Services > User Services > Furnish Letter of Undertaking (LUT) command.
4. Form GST RFD-11 is displayed. Select the financial year for which LUT is applied for from the LUT Applied for Financial Year drop-down list.
5. Click the Choose File button to upload the previous LUT.
Note:
6. Select the declaration checkboxes.
7. In the Name, Address and occupation of the independent and reliable witnesses section, enter the name and address of 2 witnesses.
8. In the Place of Filing LUT field, enter the place.
9. In the Name of Primary/ Other Authorized Signatory drop-down list, select the name of authorized signatory.
10. In the Place field, enter the place where the form is filed.
11. In case you want to save the form and retrieve the form later, click the SAVE button to save the form.
12. A confirmation message is displayed that application is saved successfully.
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