Format for LUT in GST : RFD 11

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Format for LUT in GST for exports

FORM GST RFD-11

[See rule 96A]

Furnishing of bond or Letter of Undertaking for export of goods or services

Note – Hard copy of the bank guarantee and bond shall be furnished to the jurisdictional officer.

5. Declaration –

(i) The above-mentioned bank guarantee is submitted to secure the integrated tax payable on export

of goods or services.

(ii) I undertake to renew the bank guarantee well before its expiry. In case I/We fail to do so the

department will be at liberty to get the payment from the bank against the bank guarantee.

Related Topic:
Apply for LUT for FY 2020-21

(iii) The department will be at liberty to invoke the bank guarantee provided by us to cover the

amount of integrated tax payable in respect of export of goods or services.

Signature of Authorized Signatory

Name

Designation / Status ——-

Date ———-

Format for LUT:

Letter of Undertaking for export of goods or services without payment of integrated tax

(See rule 96A)

To

The President of India (hereinafter called the “President”), acting through the proper officer

I/We ……………………………. of……………………..…………… (address of the registered person) having Goods &

Services Tax Identification Number No………………………………………… , hereinafter called “the undertaker(s) including my/our respective heirs, executors/ administrators, legal representatives/successors and

assigns by these presents, hereby jointly and severally undertake on this ……………… day of ………………. to the President

(a)to export the goods or services supplied without payment of integrated tax within time specified in sub-rule (1) of rule 96A ;

(b) to observes all the provisions of the Goods and Services Tax Act and rules made thereunder, in respect of export of goods or services;

(c) pay the integrated tax, thereon in the event of failure to export the goods or services, along with an amount equal to eighteen percent interest per annum on the amount of tax not paid, from the date of invoice till the date of payment.

I/We declare that this undertaking is given under the orders of the proper officer for the performance of enacts in which the public are interested.

IN THE WITNESS THEREOF these presents have been signed the day hereinbefore written by the undertaker(s)

Signature(s) of undertaker(s).

Date :

Place :

Witnesses

(1) Name and Address                                                                                     Occupation

(2) Name and Address                                                                                     Occupation

Date

Place

Accepted by me this……………………day of  ……………. (month) ……………..…….. (year) ………………………………..of ……………..

(Designation)

for and on behalf of the President of India

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