IN EXPORT I HAVE LUT BON OBTAINED FROM SALES TAX BUT I WANT TO EXPORT THEN I HAVE TO PAY TAX @ 0.1% ON IT OR WITHOUT PAYMENT OF TAX?
Rupesh Kadam (Accountant) (39 Points)
08 February 2018IN EXPORT I HAVE LUT BON OBTAINED FROM SALES TAX BUT I WANT TO EXPORT THEN I HAVE TO PAY TAX @ 0.1% ON IT OR WITHOUT PAYMENT OF TAX?
Dhananjay saraf
(Chartered Accountant)
(254 Points)
Replied 08 February 2018
If you have executed LUT with GST department, then you can export without payment of tax
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961