LUT Filings & GST Refund

What is LUT and why is it used?

All registered taxpayers who export goods or services to a country outside India or to Special Economic Zones (SEZs) will need to furnish a Letter of Undertaking (LUT) in Form GST RFD-11 on the GST portal, in order to make these exports without the payment of IGST.

Circumstances when GST refund can be granted

• Type 1: Excess cash balance in electronic cash ledger
• Type 2: Excess tax paid through GSTR-3B
• Type 3: Accumulated ITC due to exports of goods and services without payment of tax
• Type 4: Accumulated ITC due to supplies made to SEZ unit/SEZ developer (without payment of tax)
• Type 5: ITC accumulated due to inverted tax structure
• Type 6: Refund by the recipient of deemed exports
• Type 7: Tax paid on supplies made to SEZ unit/SEZ developer (with payment of tax)
• Type 8: Tax paid on an intrastate supply later held as interstate supply and vice versa
• Type 9: Refund by the supplier of deemed exports
• Type 10: Refund of IGST paid on export of services (with tax payment)
• Type 11: On account of assessment or provisional assessment or appeal or any other order
• Type 12: Refund on ‘any other ground’

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