GST LUT Form

The Eligibility criteria for applying for a LUT include the following:

The Letter of Undertaking (LUT) is open for utilization by any registered taxpayer engaged in exporting goods and services. However, individuals facing prosecution for tax evasion exceeding Rs. 250 lakh or more are ineligible to benefit from this option.

• Intent to Supply: The applicant should intend to supply goods or services within India, to foreign countries, or to Special Economic Zones (SEZs).
• GST Registration: The entity seeking to avail the benefits of an LUT should be registered under the GST framework.
• Tax-Free Supply: The desire to supply goods without the imposition of integrated tax is an essential requirement for LUT application.