Taxation & Compliance
Exporters under the GST system often look for ways to simplify their processes, especially to avoid paying IGST (Integrated Goods and Services Tax) on exports. The Letter of Undertaking (LUT) is an important document in this process. In this guide by EximPe you'll learn how to easily and
Taxation & Compliance
Exporters have to overcome the GST regulations in India to be efficient in their operations and be compliant with regulations. An important component of this procedure is the number of the LUT. This guide by EximPe will tell you what the LUT number is, its relevance, how to obtain the
Taxation & Compliance
Effective cash flow management and smooth customs clearance are critical for all Indian exporters. One document that is particularly significant for individuals engaged in international trade under the Goods and Services Tax (GST) regime is the Letter of Undertaking (LUT). The LUT greatly reduces the financial burden on exporters by
Taxation & Compliance
In the dynamic world of international trade, Indian exporters constantly seek mechanisms that can streamline operations, reduce costs, and improve cash flow. One such pivotal instrument under the Goods and Services Tax (GST) regime is the Letter of Undertaking, universally known by its acronym, LUT. Understanding LUT in GST, its
Taxation & Compliance
In agricultural export products, the Agricultural and Processed Food Products Export Development Authority (APEDA) holds an essential position in advertising and monitoring the export schedule from India. To pursue business in international platforms, one needs to make a requirement for APEDA registration, especially for exports. This article discusses the entire
Taxation & Compliance
An Importer-Exporter Code (IEC Code) is your vital ticket to international trade out of India. When acquired, this 10 digit special identification number will enable businesses to import and export goods and services, enjoy government benefits and access customs without any hitches. Nevertheless, it is not enough to get an
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The Importer-Exporter Code (IEC Code) is the first step towards the global business world by any business based in India which intends to trade or present itself on the world scenario, or simply to import the much needed materials. This special 10-digit number is not a mere formality because it
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A journey into international trade be it an exotic goods import business or exporting your goods into international markets is a thrilling idea to any Indian business. But, even before you can ship your initial consignment or get your first international payment, it is important that you take an essential
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The world of international trade is a busy place and each nation is bound by its own rules to maintain a flow of products and services in and out of the nation. To businesses in India that have plans to explore the foreign markets or are already involved in directing
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The world of international trade is a complex one that necessitates the involvement of a precise documentation of every transaction, every shipment and every payment in such a complex world the international trade. To the Indian exporters, it is not only a correct business practice to ensure that foreign exchange
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The use of appropriate and correct documentation in the complex world of international trade is all important as the commodity or the services being dealt in. To the Indian exporters, their main concern is to demonstrate that payments of foreign currency of their export goods that they sent abroad have
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The income tax scenario in India has witnessed some drastic changes in a span of next few years giving two broad avenues of filing taxes by a tax payer the usual old tax regime and the new and simplified tax regime. With the coming of the Financial Year 2025-26 (Assessment