Mastery card
I can explain LUT (Letter of Undertaking)
Undertaking that lets eligible exporters ship without paying IGST upfront.
LUT/bond mechanism allows eligible exporters to make zero-rated supplies without IGST payment, subject to conditions.
Sticky trick
Validity and eligibility must be current.
Take into the room
In plain English, what is LUT (Letter of Undertaking)?
Or open the share card 📨
Or start your own 5-word trail from home.