Christine Diaz (132 Points)
23 May 2021I have applied for GSTIN. Still not received because of corona delay. But i have income waiting for me in usa. I will be able to file LUT only after GSTIN.
So, can i receive foreign income without LUT in the meantime. I will apply for LUT immediately right after reception of GSTIN.
Should i pay GST on those income received before LUT ?
pankaj
(CA)
(53 Points)
Replied 23 May 2021
anil jain
(Partner)
(1072 Points)
Replied 25 May 2021
If opt for LUT,
Is it needed to pay tax and then claim refund?
what if payment is received after filing LUT.
Adv. RAVINDRA KRISHNA
(Accounts &Taxation and Legal Consultants)
(460 Points)
Replied 28 September 2021
LUT is required or not in case of export of IT services?
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 30 September 2021
If LUT is not filed, the exporter must first pay the required tax while making exports and then claim a refund to avail benefit of zero-rated exports. An LUT is required to be filed on the letterhead of the registered person who intends to supply goods/services without the payment of integrated tax. The LUT must be duly applied for in the prescribed GST RFD-11 form. It can be filed by the MD, company secretary, or other authorized people.
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