Lut 2018-19

CA Naveen Chand (Chartered Accountant) (12729 Points)

03 April 2018  

Renew your LUT for the next financial year

Exporters making zero rates supplies have to furnish an LUT to the jurisdictional commissioner. An LUT is valid for one financial year. Therefore, LUT tendered in FY 2017-18 is valid until 31st March 2018. Exporters who wish to continue to export under LUT must submit a fresh LUT for FY 2018-19.