CIRCULAR NO-08/2017-F. No. 349/74/2017-GST (Pt.) Vol.-II-Clarification on issues related to furnishing of Bond/LUT for exports

Circular No. 8/8/2017-GST

F. No. 349/74/2017-GST (Pt.) Vol.-II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
GST Policy Wing

New Delhi, Dated the 4th October, 2017


The Principal Chief Commissioners/Chief Commissioners/Principal Commissioners/Commissioners of Central Tax (All)

The Principal Director Generals/Director Generals (All)


Subject: Clarification on issues related to furnishing of Bond/Letter of Undertaking forexports

In view of the difficulties being faced by the exporters in submission of bonds/Letter ofUndertaking (LUT for short) for exporting goods or services or both without payment ofintegrated tax, Notification No. 37/2017 – Central Tax dated 4th October, 2017 has been issuedwhich extends the facility of LUT to all exporters under rule 96A of the Central Goods andServices Tax Rules, 2017 (hereafter referred to as “the CGST Rules”) subject to certainconditions and safeguards. This notification has been issued in supersession of Notification No.16/2017 – Central Tax dated 7th July, 2017 except as respects things done or omitted to be donebefore such supersession.

2. In the light of the new notification, three circulars in this matter, namely Circular No.2/2/2017 – GST dated 5th July, 2017, Circular No. 4/4/2017 – GST dated 7th July, 2017 andCircular No. 5/5/2017 – GST dated 11th August, 2017, which were issued for providing clarityon the procedure to be followed for export under bond/LUT, now require revision and aconsolidated circular on this matter is warranted. Accordingly, to ensure uniformity in theprocedure in this regard, the Board, in exercise of its powers conferred under section 168 (1) ofthe Central Goods and Services Tax Act, 2017 clarifies the following issues:


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