https://www.karboncard.com/blo....g/letter-of-undertak
Exporting products and services from one country into another requires many formalities and legal documentation. Of these is the Letter of Undertaking (LUT), a crucial documentation for Indian exporters looking to streamline their processes while avoiding the burden of tax-related fees on their export transactions. For businesses engaged in regular export activities, understanding and utilizing the LUT efficiently can bring significant benefits both financially and operationally. In this guide we will look at the meaning