GST LUT Form

GST LUT Form (Letter of Undertaking) –

An Overview

The GST LUT (Letter of Undertaking) is a document filed by registered taxpayers who wish to export goods or services without paying IGST (Integrated Goods and Services Tax). Under this scheme, exporters can avoid the tax burden on exports and simply submit the LUT to the GST department, ensuring that all the exported goods or services will meet the terms of the GST regulations.

GST LUT Form for Exporters

The GST LUT (Letter of Undertaking) is a document that allows exporters to carry out their export transactions without the requirement to pay Integrated Goods and Services Tax (IGST) at the time of supply. By filing the LUT, exporters can enjoy a smooth and tax-efficient export process, avoiding the burden of upfront tax payments.

Who Can File a GST LUT?

Any registered taxpayer involved in the export of goods or services can file a GST LUT. This option is available to those:

Exporting goods or services without the payment of IGST.
Supplying goods to SEZs (Special Economic Zones) without paying IGST.

Eligibility Criteria for LUT Registration

Exporters can apply for a Letter of Undertaking (LUT) to export goods or services without paying IGST upfront. The eligibility criteria for LUT registration under GST are as follows:

Registered Taxpayers:
Any taxpayer who is registered under GST and engaged in exporting goods or services, or supplying to SEZ units, can apply for LUT.
No Criminal Proceedings:
The exporter must not have been prosecuted for any offense under the GST law or other existing laws where the amount of tax evaded exceeds ₹250 lakh.
Exporter of Goods or Services:
Exporters dealing in goods or services (or both) without the payment of integrated tax can apply for LUT.
Prior Compliance:
The applicant should have a clean record in terms of GST compliance, meaning no major defaults or dues under the GST Act.

If these criteria are met, the exporter is eligible to file the LUT and avoid upfront payment of IGST, easing the export process.

Documents required for GST LUT registration

To apply for a Letter of Undertaking (LUT) under GST, you’ll need the following documents

LUT Cover Letter

A request letter signed by an authorized person.

Eligibility

Ensure you meet eligibility criteria (no serious tax evasion cases).

GST Registration Copy

Proof of your GST registration.

PAN Card of Entity

Identification using PAN card.

KYC Authorized Person

ID and address proof of authorized person.

GST RFD 11 Form

Application form for LUT.

Copy of IEC Code

If involved in exports.

Canceled Cheque

From your associated bank account.

Simplify LUT Form Filing with IndiaFilings

Filing your GST LUT (Letter of Undertaking) for export can be quick and hassle-free with IndiaFilings. By filing the LUT, exporters can avoid paying Integrated Goods and Services Tax (IGST) on export goods and services, boosting cash flow and simplifying operations.

With IndiaFilings, you can:

Save Time: Effortlessly complete the GST LUT form filing process online.
Avoid Upfront IGST Payments: Eliminate the need to pay IGST on exports.
Stay Compliant: Ensure your business adheres to GST regulations without complications.

GST LUT Form

Let IndiaFilings handle your GST LUT filing so you can focus on growing your business!

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