TMI BlogLUT certificate is mandatory for licencesX X X X Extracts X X X X X X X X Extracts X X X X ..... hi, we are planing to buy some online licenses from vendor when we ask vendor for LUT certificate availability he says below .. GST department we come to know that LUT is not mandatory in our tr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ansaction because we supply software having SAC code 997331 and LUT is applicable where physical goods supply in SEZ zone. can some body help me on this. - Reply By KASTURI SETHI - The Reply = ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... LUT is mandatory for both types of exports. Both are at par regarding execution of LUT. The purpose of LUT or Bond is to safeguard revenue. How can revenue be safeguarded without LUT or Bond ? Only o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ne option is left that is pay tax and claim refund. Go through C.B.I. C. Circular No. 88/07/2019-GST, dated 1-2-2019 thoroughly. - Reply By raj seeds - The Reply = Dear sir, so even for non ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... physical goods supplier should have LUT - Reply By KASTURI SETHI - The Reply = Pl. refer to your query at serial no. 2 above, answer is yes. - LUT certificate is mandatory for licences - Query S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tarted By: - raj seeds Dated:- 30-9-2019 Other Topics - Got 3 Replies - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanage ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mentindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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