Dear all,
I want to know about the GST LUT,
Can anyone explain me what is this all and whome it ll applicable.
Please let me know?
6 Replies
SUSHIL SINHA
(68 Points)
Replied 01 December 2017
LUT stands for Letter of Undertaking which is required for export of goods or services without payment of IGST.
SUSHIL KUMAR
(acc)
(30 Points)
Replied 01 December 2017
LUT also for SEZ and For you can apply for LUT if you received the Money Rs 1Cr in foreign currency and deemed to be foreign currency in previous years he will be eligible for LUT after issued the LUT you can supply the good without payment of Tax
Dipak Joshi
(2 Points)
Replied 02 December 2017
LTU means Large Tax Payer Unit. Assessee who is paying above 5 crore revenue of excise and service tax was opt this facility in the old regime ( Before existing law). Some special provisions was there for LTU member.
wasim akram
(article)
(29 Points)
Replied 05 December 2017
Whether it is applicable to service sector ?
wasim akram
(article)
(29 Points)
Replied 06 December 2017
whether its applicable to service sector?
Recent Topics
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
Related Threads
CAclubindia
