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Expiry of lut

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(Querist)
21 November 2012 What happens if the goods are exported during the period when LUT has lapsed and not revalidated
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
29 November 2012 You should submit the documents before the division office for renewal of LUT-1 before export the goods. Now excise department can demand the duty with interest after that you can claim for refund the duty.

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