LUT Registration in GST for Companies Quick & Easy Process

Businesses that export goods and services must obtain LUT (Letter of Undertaking) registration from GST because it allows them to operate without paying Integrated Goods and Services Tax (IGST). Export companies can benefit greatly from LUT registration under GST because filing an LUT provides tax exemption on export activities which streamlines their export operations. Businesses that fail to register for LUT must pay the IGST first before claiming refunds thus causing significant cash flow problems and extended delay times. Exporter operations become more efficient because valid LUTs enable tax-free shipping of goods and service provision.

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