{"id":5951,"date":"2017-07-10T15:42:46","date_gmt":"2017-07-10T10:12:46","guid":{"rendered":""},"modified":"2017-07-10T15:42:46","modified_gmt":"2017-07-10T10:12:46","slug":"furnishing-of-bond-or-letter-of-undertaking-for-export-of-goods-or-services","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=5951","title":{"rendered":"Furnishing of bond or Letter of Undertaking for export of goods or services"},"content":{"rendered":"<p>GST RFD &#8211; 11<br \/>Furnishing of bond or Letter of Undertaking for export of goods or services<br \/>Bills<br \/>Forms<br \/>GST RFD &#8211; 11 of GST &#8211; Refund &#8211; Final Draft Rules 18-5-2017<br \/>FORM GST RFD-11<br \/>\n &#8211;<br \/>\n=============<br \/>\nDocument 1<br \/>\nFORM GST RFD-11<br \/>\n[See rule 964]<br \/>\nFurnishing of bond or Letter of Undertaking for export of goods or services<br \/>\n1. GSTIN<br \/>\n2. Name<br \/>\n3. Indicate the type of document furnished<br \/>\n4. Details of bond furnished<br \/>\nBond:<br \/>\nLetter of Undertaking<br \/>\nSr. No.<br \/>\nReference no. of the bank guarantee<br \/>\nDate<br \/>\nAmount<br \/>\nName of bank and<br \/>\nbranch<br \/>\n1<br \/>\n2<br \/>\n4<br \/>\nNote Hard copy of the bank guarantee and bond shall be furnished to the jurisdictional officer.<br \/>\n5. Declaration &#8211;<br \/>\n31<br \/>\n5<br \/>\n(i)<br \/>\nThe above-mentioned bank guarantee is submitted to secure the integrated tax payable on export<br \/>\nof goods or services.<br \/>\n(ii)<br \/>\n(iii)<br \/>\nI undertake to renew the bank guarantee well before its expiry. In case I\/We fail to do so the<br \/>\ndepartment will be at liberty to get the payment from the bank against the bank guarantee.<br \/>\nThe <\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/acts?id=30439\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p>e provisions of clause (a) of sub-section (3)<br \/>\nof section 16;<br \/>\nof&#8230;<br \/>\nAND WHEREAS the Commissioner has required the obligor to furnish bank guarantee for an amount<br \/>\nrupees endorsed in favour of the President and whereas the obligor has furnished such guarantee<br \/>\nby depositing with the Commissioner the bank guarantee as afore mentioned;<br \/>\nThe condition of this bond is that the obligor and his representative observe all the provisions of the Act in respect of export<br \/>\nof goods or services, and rules made thereunder;<br \/>\nAND if the relevant and specific goods or services are duly exported;<br \/>\nAND if all dues of Integrated tax and all other lawful charges, are duly paid to the Government along with interest, if any,<br \/>\nwithin fifteen days of the date of demand thereof being made in writing by the said officer, this obligation shall be void;<br \/>\nOTHERWISE and on breach or failure in the performance of any part of this condition, the same shall be in full force and<br \/>\nvirtue:<br \/>\nAND the President shall, at h<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/acts?id=30439\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p>aker(s) including my\/our respective heirs, executors\/ administrators, legal representatives\/successors and<br \/>\nassigns by these presents, hereby jointly and severally undertake on this<br \/>\nto the<br \/>\nPresident<br \/>\nday of<br \/>\n&#8230;&#8230;..<br \/>\n(a) to export the goods or services supplied without payment of integrated tax within time specified in sub-rule<br \/>\n(1) of rule 96A;<br \/>\n(b) to observes all the provisions of the Goods and Services Tax Act and rules made thereunder, in respect of<br \/>\nexport of goods or services;<br \/>\n(c) pay the integrated tax, thereon in the event of failure to export the goods or services, along with an amount<br \/>\nequal to eighteen percent interest per annum on the amount of tax not paid, from the date of invoice till the date<br \/>\nof payment.<br \/>\nI\/We declare that this undertaking is given under the orders of the proper officer for the performance of enacts in<br \/>\nwhich the public are interested.<br \/>\nIN THE WITNESS THEREOF these presents have been signed the day hereinbefore written by the undertaker(s)<br \/>\nSignat<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/acts?id=30439\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GST RFD &#8211; 11Furnishing of bond or Letter of Undertaking for export of goods or servicesBillsFormsGST RFD &#8211; 11 of GST &#8211; Refund &#8211; Final Draft Rules 18-5-2017FORM GST RFD-11 &#8211; ============= Document 1 FORM GST RFD-11 [See rule 964] Furnishing of bond or Letter of Undertaking for export of goods or services 1. GSTIN &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=5951\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Furnishing of bond or Letter of Undertaking for export of goods or services&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-5951","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/5951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5951"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/5951\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}