Furnishing of Bond / LUT for Exports – Clarification

Published: 12/08/2017
Furnishing of Bond / LUT for Exports – Clarification
Source: TAXGURU.IN

Eligibility to export under LUT-Any registered person who has received a minimum foreign inward remittance of 10% of export T/o in the preceding F Yr. is eligible for availing the facility of LUT provided that the amount received as foreign inward remittance is not less than Rs. 1 crore.

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