Deemed export 0.01
J Bilal (59 Points)
27 September 2021
Dear Experts. Can GST be sold at 0.01% without LUT?. my client sold GST 0.01% without taking LUT.
1 Replies
CA Raj Doshi
(Practising CA)
(8939 Points)
Replied 28 September 2021
Yes you can sell at 0.1% without taking LUT. Your customer must have LUT when he exports those goods. Supplier is not required to apply for LUT. Only exporter has to.
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