LETTER OF UNDERTAKING / LUT
LETTER OF UNDERTAKING / LUT
Exemption from GST
You can buy the products from manufacturers by giving this LUT.
This can be done easily online by visiting portal of GST.
Go to GST portal give details of your business and submit documents. Give this LUT to manufacturer and purchase goods.
But there are some conditions. You have to EXPORT the goods within 3months. Otherwise Government can charge heavy penalties. So Note this.
So only on the confirmation of order proceed for this benefits.
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