GST LUT (Letter of Undertaking) Filing
File a Letter of Undertaking to export goods/services without payment of IGST.
Overview
GST LUT (Letter of Undertaking) is a declaration Taxeto files for exporters under the Goods and Services Tax Act, 2017, allowing them to export goods or services without paying IGST upfront. Taxeto files the LUT online each financial year so exporters and freelancers serving foreign clients maintain better cash flow and avoid the refund process.
Benefits
- Exports can be made without paying IGST
- Better cash flow since no working capital is blocked in tax payments
- Simple online filing without complex documentation
- Faster export operations by avoiding delays due to refund claims
Eligibility
- Exporters of goods
- Exporters of services
- Businesses supplying to SEZ units/developers
- Freelancers providing services to foreign clients
Documents Required
- 1GSTIN details
- 2PAN Card
- 3Business details
- 4Authorized signatory details
- 5Witness details (name, address, occupation)
Process
- 1
Eligibility consultation
Confirm the exporter qualifies for LUT filing.
- 2
LUT filing on GST portal
Submit the Letter of Undertaking online for the financial year.
- 3
Documentation support
Prepare witness and authorized signatory details.
- 4
Renewal reminders
Track and remind for annual LUT renewal.
- 5
Export compliance guidance
Advise on maintaining export records and receiving payment in foreign currency.
Frequently Asked Questions
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Timeline: 2-3 working days
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