GST LUT Form

LUT is a document filed by registered taxpayers to export goods or services without paying integrated tax (IGST). It is a commitment to the government that the exporter will fulfill all export requirements. LUT allows zero-rated supply without upfront tax payment, improving cash flow for exporters.

Any registered taxpayer who intends to export goods or services can file LUT, provided they have not been prosecuted for tax evasion exceeding ₹2.5 crore. Taxpayers who do not meet LUT criteria must file a bond with bank guarantee to export without IGST payment.

LUT is filed online through the GST portal (Form RFD-11) before exporting. It requires details of the exporter, witnesses, and a self-declaration. The LUT is valid for the financial year in which it is filed and must be renewed annually. No physical documents or bank guarantee is required for LUT.

LUT is valid for the entire financial year in which it is filed. A fresh LUT must be filed for each financial year by the exporter. The LUT covers all exports made during that year, and separate LUTs are not required for each export transaction.

If export conditions are not fulfilled (e.g., goods not exported within specified time), the exporter must pay IGST with interest at 18% per annum from the date of export invoice. The tax officer may also initiate recovery proceedings and penal action for violation of LUT terms.

LUT is a simple undertaking without bank guarantee, available to eligible taxpayers. Bond is required for taxpayers not eligible for LUT (prosecuted for tax evasion over ₹2.5 crore) and must be accompanied by a bank guarantee equal to the estimated tax liability on exports.

Yes, LUT can be filed for export of services without payment of tax. This is particularly beneficial for IT and ITES exporters, consultancy services, and other service exports. The LUT covers both goods and services exports.

Conditions include exporting goods within 3 months (or extended period) from invoice date, maintaining proper export documentation, filing returns regularly, and not being prosecuted for tax evasion exceeding ₹2.5 crore. Failure to meet conditions results in IGST payment with interest.

No, LUT is optional. Exporters can choose to pay IGST on exports and claim refund, or file LUT/Bond to export without tax payment. LUT is beneficial for cash flow but requires strict compliance with export timelines and documentation.

While LUT filing is online and self-declaratory, exporters must maintain export orders, invoices, shipping bills, bills of lading, and proof of export realization to substantiate compliance if questioned by authorities. Proper documentation is essential for audit purposes.