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Value of e-stamp paper in Delhi for Bond, Goods and Services Tax - GST |
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Value of e-stamp paper in Delhi for Bond |
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Dear Expert , Our firm is situated in Delhi and we want to execute a Bond amounting of ₹ 50 Lakhs for export of goods without payment of IGST. My query is that ,what is the value of e-stamp paper in Delhi ? Please post a link if available . Thanks in advance ..... Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Why are you interested in Bond and not in Letter of Undertaking (LUT) ? Regarding export Govt. has made liberal rules. However, my wild guess is that value of stamp of ₹ 100-500 is being used by the assessees. This practice is in Chandigarh. I have no link site.
Sethi Sir, We have decided for execution of Bond stead of LUT due to we not fulfill condition of Notification No.16/2017 Central Tax dated 07.07.2017. Para I (b) stated that who has received the due foreign inward remittance amounting to a minimum 10% of the export turnover, which should not be less than one crore rupees, in the preceding financial year. Our 100 % export to Nepal and payment received in Indian rupees. Therefore, we are not eligible for LUT. Page: 1 Old Query - New Comments are closed. |
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