Revised Procedure For Exports In Gst All You Need To Know About
Revised Procedure for Exports in GST Other Important Points Three circulars in this matter, namely Circular No. 2/2/2017 – GST dated 5th July, 2017,Circular No. 4/4/2017 – GST dated 7th July, 2017 and Circular No. 5/5/2017 – GST dated11th August, 2017, which were issued for providing clarity on the procedure to befollowed for export under bond/LUT, are revised and a consolidated in this circular no.8/8/2017-GST dated 04 October, 2017. Eligibility to export under LUT All registered persons who intend to supply goods or services for export without paymentof integrated tax except those who have been prosecuted for any offence under the CGSTAct or the Integrated Goods and Services Tax Act, 2017 or any of the existing laws andthe amount of tax evaded in such cases exceeds two hundred and fifty lakh rupees....