08
Oct
LETTER OF UNDERTAKING LUT
GST AlertSubmit Undertaking (LUT) letter for the financial year 2021-22 by 31.03.2021· InterpretationLetter of Undertaking (LUT): Export without paying tax can be done only after filing a bond or Letter of Undertaking (LUT) applicable to the exporter. There was a lot of ambiguity about what exports were to be done…
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08
Oct
Is the credit of GST paid at the time of car purchase is allowable
Is the credit of GST paid at the time of car purchase is allowable?Getting a car is everyone's dream and you have to pay GST even when buying a new carNow if there is an expensive car, GST also goes to a few lakhs.In this case, most car dealers when…
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