Managing LUT (Letter of Undertaking) bonds is a critical aspect of compliance for businesses engaged in exports without payment of IGST.
To streamline this process, we have introduced the LUT Bond History feature in our software. This powerful tool allows you to track and manage the history of all your LUT bonds in one centralized location.
Benefits
- Stay Compliant: Never miss a renewal date or important update with all your LUT bond information at your fingertips.
- Save Time: Reduce the time spent searching through multiple documents or systems to find your LUT bond details. Everything is neatly organized in one place.
- Improved Reporting: With the ability to generate reports on your LUT bond history, you can easily share information with stakeholders or use it for internal audits.
How It Works
- Accessing LUT Bond History: Navigate to the LUT Bond History section from Settings > Statutory Information > GST Details > Provide LUT/Bond Details. Here, you’ll find a View History option.
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- Viewing Details: Click it to check the list of all your submitted LUT bonds and view its detailed information, including Number, Validity from date, Validity To date and current applicable LUT/Bond number.
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