Export should be under LUT or Bond. LUT is applicable only if you are a status holder or have 1 cr foreign remittance in previous year.
Otherwise you have to furnish a bond with bank guarantee. BG should be 15% of the bond value. Bond value is IGST value on the expected turnover you declare
Or you also have an option to pay IGST ( please note not to charge ) using inout credit or cash and claim refund of accumalated input credit or cash paid.
Leave a Reply
Your are not logged in . Please login to post replies