dear sir
my client ( firm) has export textile goods to Indonesia, now gst on igst is applicable or not, some one say use LUT OR BOND. I am confused which one is used LUT or BOND? both are exemption ?
where to apply sir,
pls explain detail about export sale? pls
4 Replies
NITIN KOTAK
(SERVICE)
(1465 Points)
Replied 05 January 2019
it depends on your export turn over , kindly apply for LUT online available on portal
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 05 January 2019
Yes IGST is applicable on zero rated (Export) sale when done without Lut
Hence file LUT online on Portal under User Services - select Furnish LUT option
2 wayout to Export:
1.Submit LUT and then Export without payment of IGST
2.Pay IGST at the time of exports and then claim Refund of IGST
Hence file LUT online on Portal under User Services - select Furnish LUT option
2 wayout to Export:
1.Submit LUT and then Export without payment of IGST
2.Pay IGST at the time of exports and then claim Refund of IGST
srikumar
(audit staff)
(1203 Points)
Replied 05 January 2019
in my gst portal " furnish letter of undertaking option not enable sir, what should I do now , pls help sir
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 05 January 2019
THEN TALK TO GST HELPINE.............
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