rohit u can make make bond once for continue , but if export xonsideration exceed the limit specified u have to go for afresh.
read for all of your queries https://www.gstsoln.com/need-know-exporting-gst/
Requirements for application of bond/lut for export of goods
Page no : 3
Jayant
(Accounts)
(191 Points)
Replied 25 July 2017
| Originally posted by : Preeti (Team_GSTSoln) | ||
 |
rohit u can make make bond once for continue , but if export xonsideration exceed the limit specified u have to go for afresh. read for all of your queries https://www.gstsoln.com/need-know-exporting-gst/ |
 |
For the Bond, we always presume it to be a running bond account, where Bond amount (equivalent to IGST amount of CIF value) is debited when shipment is submitted to customs for export and same amount get released after exporting product out of India and EGM is successfully filed.
Please shed a light on this aspect.
Rohit Bhatia
(Accounts Service)
(331 Points)
Replied 28 July 2017
if advance received from direct exporter and in which bank not involved for bank guaranteed then will we make letter of bond.
Rajesh Karia
(114 Points)
Replied 31 July 2017
I am exporting against payment of IGST to Nepal in INR, is the following Invoice format correct for showing IGST in Invoice or some diff procedure?
CA Naman Garg
(Practicing CA)
(86 Points)
Replied 21 September 2017
can anyone tell that, Is LUT required to be certified by chartered accountant??
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