Goods and Services Tax

Applicability of LUT for sale between SEZ Units

GST – Started By: – RAVI ANJANEYULU – Dated:- 8-1-2019 Last Replied Date:- 10-1-2019 – Do we need to take the LUT, from sales being made to one SEZ unit to other SEZ Unit. Please specify the relevant provisons in support of the above. – Reply By KASTURI SETHI – The Reply = Dear Ravi Ji, Answer is, 'NO'. My reply is based on common knowledge and experience. The purpose of LUT and Bond is to safeguard Govt. revenue (Duty/Taxes) in the event of any mis-happening due to natural calamity or

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