What is the meaning of LUT?
AnswerBot
1y
LUT stands for Letter of Undertaking.
LUT is a document that allows exporters to export goods or services without paying GST.
It is an alternative to paying IGST on exports and claiming a refund later.
L...read more
Harish Kumar Chary
2y
What is Letter of Undertaking (LUT) and Bonds. Letter of Undertaking (LUT) It is a type of bank guarantee, under which a bank allows its customer to raise money from another Indian bank's foreign bran...read more
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