GST LUT Filing
Export without paying IGST and waiting for the refund.
An exporter has two options: pay IGST and claim a refund, or furnish a Letter of Undertaking and export without paying. The second is almost always better — the first ties up working capital for as long as the refund takes.
The LUT is filed in Form RFD-11 and runs for one financial year. It has to be renewed at the start of each new one, and exporting after it lapses means falling back to the pay-and-claim route.
It is available to any registered exporter who has not been prosecuted for evasion above ₹250 lakh.
What is included
- RFD-11 Letter of Undertaking filed
- Witness and authorised signatory details prepared
- Acknowledgement and ARN delivered
- Renewal reminder set for 1 April
What we need from you
- GST registration certificate
- PAN of the entity
- KYC of two witnesses
- IEC certificate
Questions
How long is a GST LUT valid?
One financial year. It must be renewed at the start of each new year, and exports made after it lapses have to be made on payment of IGST with a refund claimed afterwards.
Also in GST
Talk to us
Get started with GST LUT Filing
Tell us a little about the business and a chartered accountant will call you back. You will get a firm quote before any work begins.
- A qualified accountant on the call, not a call centre
- A firm quote before any work begins
- Your details are never sold or shared