Application of Letter of Undertaking (LUT)


*The price is exclusive of any amount payable to Government/Regulatory Authorities and GST.

Filing the LUT application for exporter

Price 999

Services covered :
  • Filing of letter of undertaking

Documents Required :
  • Login details
  • Address of the Entity
  • Name,address,occupation of 2 witnesses
  • PAN of the Entity
  • Previous Letter of undertaking (LUT) if any
  • Details of Authorised signatory and Authorisation letter
  • Copy of IEC code
  • Cancelled Cheque

FAQ ()

Question : What is LUT?
Answer : LUT stands for Letter of Undertaking. It is a document that exporters can file to export goods or services without having to pay taxes.
An LUT spares exporters the effort of claiming a refund and eliminates the blocking of funds by way of tax payments.
Question : Who has to furnish a Letter of Undertaking?
Answer : Any registered person availing the option to supply goods or services for export /SEZs without payment of integrated tax has to furnish, prior to export/SEZs supply, a Letter of Undertaking (LUT), Example of transactions for which LUT can be used are:
Zero rated supply to SEZ without payment of IGST.
Export of goods to a country outside India without payment of IGST.
Providing services to a client in a country outside India without payment of IGST.
Question : Is there any limitation regarding the upload of previous LUT?
Answer : Only one previous LUT document not exceeding 2 MB in size can be uploaded in one application. To upload another LUT, taxpayer needs to file a new application.
Question : What is the Validity of LUT?
Answer : The validity of LUT’s is for a period of one year (till the end of financial year). An exporter furnishing LUT’s is required to furnish fresh LUT for each financial year.
Furthermore, if the registered person choosing to file LUT for exports fails to comply with the conditions of furnishing LUT, he would be asked to file a Bond in place of LUT.
Question : Who has to sign the LUT application?
Answer : The Primary authorised signatory or any other authorised Signatory needs to sign and file the verification with DSC/EVC.
Authorised signatory can be the working partner, Managing Director or the proprietor or by a person duly authorised by such working partner or Board of Directors of such company or proprietor to execute the form.