DEEPAK JHANWAR asked 5 years ago
LUT
LUT
Export has been made in the month of July 2017 and August 2017. Manual LUT / Bond has been generated in the month of Sept. 2017. Whether export in July and August 2017 will be covered under LUT / Bond of Sept. or outward liability will be generated for Export.
Thanks
1 Answers
ConsultEase Administrator answered 5 years ago
For the first year, a condonation was given for the delay in LUT. In your case, that condonation can be availed. You can cover your exports in LUT applied later on.
