Documents Required for LUT under GST
- LUT cover letter - request for acceptance - duly signed by an authorized person.
- Copy of GST registration.
- PAN card of the entity.
- KYC of the authorized person/signatory.
- GST RFD11 form.
- Copy of the IEC code.
- Canceled Cheque.
- Authorized letter..
Who can apply for LUT under GST?
An LUT can be submitted by any individual who is registered under GST provided he has not been executed in case of tax evasion exceeding Rs. 250 lakh or any other offense.
Due Date
LUT is valid from the date of filing till next of 31st March. For instance, Mr. X has filed LUT on 30/09/2019, hence the LUT is valid till 31st March 2020. LUT for the following or next year is required to be filed on GST portal on or before 31st March.