Best GST Tax Consultant in Ahmedabad
Who can File a GST Letter of Undertaking LUT?
Any business entity registered under the taxation system of the Indian Taxation System, can file a GST LUT for commencing an Export Business.
If a business entity is willing to incorporate an Export Business, it should file the GST LUT using the online platform. For the first time, the LUT can be filed at any time, but from the following, GST LUT must be filed within the same Financial Year.
What are the required documents for filing GST LUT?
To file GST Letter of Undertaking, the applicant is needed to furnish the GST Registration Certificate, IEC Code, PAN+Aadhaar Details of the business personnel and the business entity along with the bank credentials.
What is the Validity of a GST LUT?
As per the provisions of the GST Act, 2017, the duration of a filed LUT is the entire financial year.
Is any witness/nominee required in LUT filing?
Yes. In the time of GST LUT filing, the applicant is needed to furnish 2 Nominees/Witness, one of them should be an employed Accountant of the particular entity.
As per the provisions of the GST Act, 2017, a business entity or seller is mandated to issue Letter of Undertaking (LUT) prior to beginning any Export Business to the Foreign Market or to SEZs. By filling up the same in GST RFD-11 Form, a registered business can operate overseas without paying the Integrated-GST or IGST.
Who Should File GST LUT?
A Business Entity or Seller Registered under GST Taxation is mandated to apply for GST LUT in the following instances:
• Incorporating an Export Business in any Foreign Marketplace
• Exporting goods, services to the SEZ units
• Operating Export business without payment of Integrated GST
• Our GST LUT Filing Charges are jsut One time on Yearly basis
Benefits of Filing GST LUT
• Our Expert GST Panel will File Your Letter of Undertaking.
• In-house Legal Experts’ Aid for Import Export Code (IEC) Registration
• Step by step Online guidance to get GST Certificate and completing LUT Filing Process
• Customer Support available in 6 different languages including English
• Free Consultations – Readily available!
• Quickest Service at an Unbeatable Price
• Call, E-mail, Chat Support