9911796707
TMI BlogExport of goods or services under bond or Letter of UndertakingX X X X Extracts X X X X X X X X Extracts X X X X ..... Undertaking in FORM GST RFD-11 to the jurisdictional Commissioner, binding himself to pay the tax due along with the interest specified under sub-section (1) of section 50 within a period of - (a) fifteen days after the expiry of three months, 2 [or such further period as may be allowed by the Commissioner,] from the date of issue of the invoice for export, if the goods are not exported out of In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... have been exported out of India shall be electronically transmitted to the common portal from the said system. 3 [Provided that where the date for furnishing the details of outward supplies in FORM GSTR-1 for a tax period has been extended in exercise of the powers conferred under section 37 of the Act, the supplier shall furnish the information relating to exports as specified in Table 6A of FORM ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... diately when the registered person pays the amount due. (5) The Board, by way of notification, may specify the conditions and safeguards under which a Letter of Undertaking may be furnished in place of a bond. (6) The provisions of sub rule (1) shall apply, mutatis mutandis , in respect of zero-rated supply of goods or services or both to a Special Economic Zone developer or a Special Economic Zon ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s is not received by the exporter in convertible foreign exchange 5 [ or in Indian rupees, wherever permitted by the Reserve Bank of India ] . 7. Inserted vide Notification No. 12/2024 Central Tax dated 10-07-2024 w.e.f. 10-07-2024 - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanag ..... X X X X Extracts X X X X X X X X Extracts X X X X
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