Submission of Bond\/Letter of Undertaking by the Exporter in respect of Exports without payment of Integrated Tax under IGST Act.
Trade Circular No. 1 of 2017 Dated:- 2-8-2017 Himachal Pradesh SGST – Circular
GST – States
EXCISE AND TAXATION DEPARTMENT
\nHIMACHAL PRADESH.
\nTRADE CIRCULAR
\nNo. 12-4\/78-EXN-Tax-Part-Shimla-09
\n Dated:02.08.2017
\nTrade Cir. No. 1 of 2017
\nSubject: Submission of Bond\/Letter of Undertaking by the Exporter in respect of Exports without payment of Integrated Tax under IGST Act.
\nRef.:(1) Himachal Pradesh Goods and Services Tax Act, 2017.
\n(2) The Integrated Goods and Services Tax Act, 2017.
\n(3) The Himachal Pradesh Goods and Services Tax Rules, 2017.
\n(4) Notification No. 16\/2017 dated 7th July 2017 issued by Government of India, Ministry of Finance, Department of Revenue (Central Board of Excise and Customs.
\n(5) Circular bearing No. 4\/4\/2017-GST dated 7th July 2017 issued Commissioner of GST (Central Board of Excise and Customs).
\nSir\/Gentlemen\/Madam<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n sions of section 54 of the Central Goods and Services Tax Act or the rules made thereunder, = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n d circular cited at Ref. (4) and (5) above issued by the Central Board of Excise and Customs. In view of this, it is hereby requested to follow the instructions and guidelines issued vide aforesaid communications more particularly in the Para-7 of the aforesaid circular. For better understanding the said para is reproduced below: = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Submission of Bond\/Letter of Undertaking by the Exporter in respect of Exports without payment of Integrated Tax under IGST Act.Trade Circular No. 1 of 2017 Dated:- 2-8-2017 Himachal Pradesh SGST – CircularGST – StatesEXCISE AND TAXATION DEPARTMENT HIMACHAL PRADESH. TRADE CIRCULAR No. 12-4\/78-EXN-Tax-Part-Shimla-09 Dated:02.08.2017 Trade Cir. No. 1 of 2017 Subject: Submission of Bond\/Letter of … Continue reading “Submission of Bond\/Letter of Undertaking by the Exporter in respect of Exports without payment of Integrated Tax under IGST Act.”<\/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-7832","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/7832","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=7832"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/7832\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n3. The rule 96A of the Himachal Pradesh Goods and Services Tax Rules, 2017 provides that refund of integrated tax paid on export of goods or services can be availed by submission of bond or Letter of Undertaking in FORM GST RFD-011.
\n4. Any registered person availing the option to supply goods or services for export without payment of integrated tax is required to furnish, prior to export, a bond or a Letter of Undertaking in FORM GST RFD-11 to the jurisdictional Commissioner, binding himself to pay the tax due along with the interest specified under sub-section (1) of section 50 within a period of,-
\n(a) fifteen days after the expiry of three months from the date of issue of the invoice for export, if the goods are not exported out of India; or
\n(b) fifteen days after the expiry of one year, or such further period as may be allowed by the Commissioner, from the date of issue of the invoice for<\/p>\n
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\n7. It is further stated that the Bond \/ LUT shall be accepted by the jurisdiction over the principal place of business of the exporter. The exporter is at liberty to furnish the bond\/LUT before Central Tax Authority or State Tax Authority till the administrative mechanism for assigning of taxpayers to respective authority is implemented. However, if in a State, the Commissioner of State Tax so directs, by general instruction, to exporter, the Bond\/LUT in all cases be accepted by Central Tax officer till such time the said administrative mechanism is implemented Central Tax officers are directed to take every step to facilitate the exporters”.
\n8. On this back<\/p>\n
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