• Furnishing of Letter of Undertaking for export of goods or services

Hi,
While filing LUT for FY-21-22 I found that in drop down

FY-21-22
FY-22-23

available. 

Can you please tell me why FY-22-23 is required now . 

Thanks
Asked 21 days ago in GST

Hi

You need to file LUT for FY 21-22 right now. 

Lakshita Bhandari
CA, Mumbai
5475 Answers
551 Consultations

5.0 on 5.0

Can't say. As FIRC is valid for one financial year only so you should file for 2021-22.

Vivek Kumar Arora
CA, Delhi
4079 Answers
346 Consultations

5.0 on 5.0

Hi

 

FIRC should clearly show the validity period of one year Banks may extend the FIRC, if unutilized, in exceptional cases, after satisfying about genuineness of the request, as per their own policy.

As per my understanding you need to file LUT for FY 21-22.

Karishma Chhajer
CA, Jodhpur
2391 Answers
22 Consultations

5.0 on 5.0

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