This is the undertaking letter that must be filed by the business entities. It must be filed by those businesses those who deal in export of goods to foreign countries. It is the letter of undertaking in GST RFD-11 form. This form is available at the common portal of the GSTN. It is introduced to facilitate exports without the payment of IGST.
Before this form/ undertaking was introduced, exporting houses had to manually submit the filled and signed RFD-11 on business letterhead on duplicate to the following:
Due to this process of excise duties, exporters had to spend lot of their time and money.
But now the export process have been made easy, quick, and transport with the introduction of the new process of LUT filing.
There are several steps that are to be undertaken to file/ furnish the LUT. These steps are provided as follows:
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