Export-Import

RoDTEP (Remission of Duties and Taxes on Exported Products) Incentive Scheme

Export-Import /

Advisory for RoDTEP (Remission of Duties and Taxes on Exported Products) Incentive Scheme A new scheme, RoDTEP (Remission of Duties and Taxes on Exported Products) has been launched by the government for exporters. The scheme provides for rebate of Central, State and Local duties/taxes/ levies which are not refunded under any other duty remission schemes. […]

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What is Letter of Undertaking (LUT) and How to Renew ?

Export-Import, Goods & Service Tax (GST) /

Under GST Law, Export of goods or services can be made without payment of integrated tax under the provisions of rule 96A of the Central Goods and Services Tax Rules, 2017 (the CGST Rules). Under the said provisions, an exporter is required to furnish a bond or Letter of Undertaking (LUT) to the jurisdictional Commissioner

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