Letter Of Undertaking

Ganesanshiva04 Mar, 2021Business

The Letter Of Undertaking is valid for one year from the time it's furnished. Once the validity date expires, the shape must tend again by the person. It are often done directly online at the GST portal. Earlier, all the operations of LUT were done offline. But, now, the LUT are often provided online comfortably with some easy steps. As such, all the exporters and traders can function their business without fear about paying taxes on their exports just by submitting the Letter Of Undertaking. This helps not only the traders but also the govt .