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Filing of GST LUT Form for Exporters.

9 Important Articles for Exporters

GST RFD-11 must be filed by the person registered under on the GST Portal.

Sample LUT declaration format that can be prepared for obtaining LUT approval.

Sample export bond declaration format that can be prepared for obtaining approval.

Procedure for claiming input tax credit refund for deemed exports through the GST Portal. Deemed exports refers to the supply of goods which are manufactured in India but not services.

Procedure for claiming GST refund on exports through the GST Portal. As per the provisions included under IGST law, the exports of goods are considered as zero-rated supply is exempted from GST and are eligible to claim the refund of GST paid.

Procedure for claiming GST refund on exports of services through GST portal. Export of services are considered as zero-rated supply is exempted from GST.

Procedure for submitting IE code application along with the documents required for obtaining IE code. Any business in India that imports or exports goods and/or services would be required to submit an IE code application with the DGFT.

File your GST registration application online through Bizcruise. Get help with GST registration procedure, eligibility and documents required. Entities with an annual revenue of more than Rs.20 lakhs must obtain GST registration. Complete your GST registration online in less than 5 working days.

File GST return online through Bizcruise with GST Expert Support. You can prepare and file GSTR-1, GSTR-2, GSTR-3 and GSTR-4 return online through Bizcruise. In addition to filing GST returns, you can also issue GST invoices and record purchases on LEDGERS to automatically file GST returns.

GST LUT or Export Bond Filing

Letter of Undertaking is normally known as LUT. The Letter of Undertaking (LUT) is endorsed to be outfitted in structure GST RFD 11 under standard 96A, whereby the exporter pronounces that he/she would satisfy all the prerequisites recommended under GST while trading without making IGST installment.

All GST enlisted merchandise and administration exporters are qualified to submit LUT aside from the exporters who have been indicted for any offense and the measure of tax avoidance surpasses Rs.250 lakhs under the CGST Act or the Integrated Goods and Services Tax Act,2017 or any of the current laws. In such cases, where the exporter isn’t qualified to record LUT, they would need to outfit an

Bizcruise can assist you with GST LUT recording or fare bond documenting. Connect with our GST Experts to find out about trading under LUT or fare bond.

Letter of Undertaking (LUT) for Exports

According to the Central Goods and Services Tax Rules, 2017 any registered person exporting goods without payment of integrated tax is required to furnish a bond or a Letter of Undertaking (LUT) in FORM GST RFD-11.

All GST registered goods and services exporters are eligible to submit LUT except the exporters who have been prosecuted for any offence and the amount of tax evasion exceeds Rs.250 lakhs under the CGST Act or the Integrated Goods and Services Tax Act,2017 or any of the existing laws.


Letter of Undertaking will be valid for a period of twelve months from the date of submission. If the exporter fails to comply with the conditions of the Letter of Undertaking, privileges could be revoked and the exporter would be required to furnish a bond. All exporters are required to submit letter of undertaking or export bond under the new format specified under GST on or before 31st July 2017.


Export Bond for GST

Elements not qualified to present a Letter of Undertaking (LUT) according to the conditions referenced above would need to outfit a fare bond alongside bank ensure. The bond should cover the measure of duty associated with the fare dependent on assessed charge obligation as evaluated by the exporter himself. Fare bond should be outfitted on non-legal stamp paper of the incentive as appropriate in the State in which the bond is being outfitted.

Additionally, exporters can outfit a running bond, so that fare bond need not be executed for every single fare exchange. Nonetheless, if the exceptional assessment risk on fares surpasses the bond sum whenever, at that point the exporter must outfit a new attach to cover the extra obligation.

A bank guarantee can be mandated along with export bond. The value of bank guarantee should normally not exceed 15% of the bond amount. However, based on the track record of the exporter, the bank guarantee required to be submitted with export bond can be waived off by the jurisdictional GST Commissioner.