LUT or letter of Undertaking is furnished under Rule 96A of GST Act. The LUT allows exporters to declare the requirements suggested by GST without making IGST payment at the time of export. I see that you seem to be confused about how to download LUT certificate in GST portal. My husband helped me understand this process when I joined him in his business a few months back. Let me tell you about it.
How to download LUT from GST portal?It is a lengthy process so don’t miss any step that I am mentioning here:
Go to GST portal
Login with your credentials
Go to services tab and navigate to ‘Furnish Letter of Undertaking’ under User services tab
You will see that Form GST-RFD-11 will be displayed. Choose the financial year from dropdown list
Upload previous LUT and check all the declaration boxes and fill the required details
I would suggest save the form to retrieve it later as well
Now submit the LUT form after signing with DSC/EVC
Download the acknowledgement form for LUT.
Note: ARN will be sent on your email id and phone number.
This is how to download LUT certificate in GST portal. I hope this helps you out.
Read more:
How to register DSC on new income tax portalHow to apply for GSTIN number
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & DeliveryIntercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
The LUT certificate download can be done from the GST portal after your filing is done successfully. A Letter of Undertaking (LUT) is an essential document for exporters in India under GST to make zero-rated exports without paying taxes. I have shared the step-by-step guide to downloading the certificate from the official GST portal.
How to Download LUT Certificate?
Go to the official GST portal at
gst.gov.in
and use your credentials (GSTIN, username, and password) to log in.
After logging in, click on the “Services” tab from the top menu, under the “User Services” section, select “View My Submitted LUTs.”
A list of your previously submitted LUT applications will appear. Select the relevant financial year for which you wish to download the LUT certificate.
Once you select the correct year, you will be able to see the details of the LUT certificate.
Click on the “Download” button to save the certificate in PDF format to your device. Check all your details are correct on the certificate, such as the GSTIN, year, and business details.
By following these steps, you can easily get your LUT certificate downloaded.
Get Assistance Regarding GST Registration Done via Legal Experts at NoBrokerRead more
What is GSP in GST or GST Suvidha Provider?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & DeliveryIntercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
LUT stands for Letter of Undertaking. It is mainly used in the context of Goods and Services Tax. This document is a powerful tool that allows one to indulge in the export of goods or services without having to pay immediate tax. Since we have an export business, we know its meaning and also how to download acknowledgement of LUT. You just need to visit the Goods and Service tax portal and download it, following a few steps. I will be glad to share the LUT acknowledgement copy download process here.
How to Download LUT Certificate Acknowledgement?
For the LUT acknowledgement download, you will need to:
Visit the
GST portal
.
Login there.
Click on Services.
Select User Services.
Click on Furnish Letter of Undertaking.
You will get to see GST RFD-11.
Select the financial year for which you are applying for LUT.
Click on the option Choose File to upload the previous LUT.
Select all the declaration checkboxes.
Enter all the details asked for like name, address and more.
Click on Save and Preview.
Select “SIGN AND FILE WITH DSC or SIGN AND FILE WITH EVC” button.
Click on Proceed.
Finally, click on Download and get it downloaded instantly.
The process is easy and does not take much time. Just make sure you enter all relevant details.
What is the Validity Period of LUT Certificate?
The validity period of a LUT certificate is one year starting from the date of its submission. Exporters must provide new LUTs for each financial year.
So this is all I know about the LUT certificate.
[inline-text-PNM text ="Get your goods transported safely by NoBroker"]
Read More:
Is GST Applicable on Transportation of Household Goods?Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & DeliveryIntercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
A Letter of Undertaking, or LUT, is a financial instrument used mainly in international trade and banking. It is essentially a commitment or guarantee provided by a bank on behalf of its customer to another bank or financial institution. You can do the LUT certificate download from the GST portal. So let me tell you how.
How to download LUT certificate from GST portal?Here is how you can do the LUT certificate download. Visit the
GST portal
and log in.
Choose the Service option.
Select User Services.
Click on the See My Submitted LUTs option.
Click on Download LUT Certificate.
So this is how to download LUT acknowledgement from GST portal.
What is the importance of the LUT certificate?
Some of the benefits of the LUT certificate are-
- Trade Facilitation:
A letter of Undertaking eases international trade by allowing importers to defer payment and acquire goods from foreign suppliers.
- Cash Flow Management:
LUTs help businesses manage cash flow by delaying payment until goods are received and potentially sold.
- Credibility and Trust:
Exporters gain trust as LUTs guarantee payment, reducing the risk of non-payment.
- Credit Access:
LUTs enable importers to access credit for purchasing goods and paying suppliers in global trade transactions.
- Global Supply Chains:
LUTs support global supply chains by enabling businesses to engage with suppliers from different countries.
So this is how to get LUT acknowledgement from GST portal and some benefits of this certificate.
Make utility bill payments without any interruption. Use NoBroker’s bill pay portalRead More:
How to write undertaking letter? How to Pay RCM in GST Portal? How to change mobile number in GST portal?Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & DeliveryIntercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Most Viewed Questions
Recently Published Questions
Authors Of The Question
Recently Answered Questions
Recently Answered Questions
0 Total Answers
Recently Answered Questions
7 Total Answers
How to download LUT certificate?
yamini
22834Views
2 Year
2022-03-04T10:33:56+00:00 2023-08-23T16:49:10+00:00Comment
4 Answers
Share