LUT for Export of Service
This query is : Resolved
28 April 2020
A newly incorporated tech startup (Sole Proprietor) plans to export software from coming month i.e, May-2020. Export turnover might be around 20-30 lakhs p.a.
So can it apply for LUT under gst ?
Also, what is the value of stamp paper that needs to be taken for furnishing LUT ? Is Rs. 100 sufficient ?
Please guide me. Thank you.
So can it apply for LUT under gst ?
Also, what is the value of stamp paper that needs to be taken for furnishing LUT ? Is Rs. 100 sufficient ?
Please guide me. Thank you.
28 April 2020
Application for LUT can be made directly from GST portal
01 May 2020
Lut can be applied online upload undertaking letter stamp paper RS. 100/- along with Witness in portal
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