First Hand Holding
is here to help.

Get professional guidance and assistance for free. Financial consultation and value added services for everyone.

First Hand Holdings offers GST LUT Filing from Rs.1699/-
What is GST LUT or Export Bond Filing?

Letter of Undertaking is commonly recognized as LUT. All registered tax payers who export the goods or services will now have to furnish Letter of Undertaking (LUT) in GST RFD-11 form on the common portal of GSTN in order to make exports without payment of IGST.

File LUT in 3 easy steps
  • - Answer Quick Questions
    • It takes few minutes to fill in our Questionnaire
    • Provide basic details & documents required
    • Make payment through secured payment gateways
  • - Experts are Here to Help
    • Assigned Relationship Manager
    • Preparation for the Letter of Undertaking
    • Filing the of Letter of Undertaking
    • Letter of Acceptance
  • - Letter of Undertaking is filed

    All it takes is 3 – 5 working days*

Benefits of filing LUT under GST

Exports without tax payment

By filing LUT under GST, an exporter can export goods or services without paying the taxes.

Saves Working Capital

The regular exporters are at a huge benefit by filing LUT online as the refund process under another route is a time-consuming process. During which the bunch of capital is blocked in the form of a due refund.

An Entire Financial Year Validity

The Letter of Undertaking, once filed is valid for the whole financial year in which it is filed. Hence, unlike refund process, an exporter does not need to go through the procedural requirements every time an export consignment is carried out.

Simple and online process

The filing of LUT and its acceptance, both are made online since April, 2018. The applicant does not need to visit the officers for acceptance. The whole process can be completed online by submitting a few required documents.

Process of filing LUT under GST
  • Day 1 - Collection Professional guidance on the many processes.
  • ON DAY 5: Our team will put you in touch with an established vendor.
  • ON DAY 16: Full assistance until you get the registration you've have chosen.
FAQs on Private Limited Company
What are the requirements to be a Proprietor?
The Proprietor must be an Indian citizen and a Resident of India. Non-Resident Indians and Persons of Indian Origin can only invest in a Proprietorship with prior approval of the Government of India
What is the capital required to start a Proprietorship?
There is no limit on the minimum capital for starting a Proprietorship. Therefore, a Proprietorship can be started with any amount of minimum capital.
How will First Hand Holding help me start a Proprietorship?
Our associate will comprehend your business necessities and help you begin a Proprietorship by acquiring the important enrollments.
How to register the name of a Proprietorship?
There is no registry or regulation for the registering the name of a Proprietorship. Therefore, proprietorship firms can adopt any name that do not infringe on registered trademarks. Since there are no registry or regulation for registering the name of a Proprietorship, the only way to ensure exclusive use of the business name is to obtain a trademark registration of the business name.
Can I later convert my Proprietorship into a Company or LLP?
Yes, there are procedures for converting your Proprietorship business into a Company or a LLP at a later date. However, the procedures to convert a proprietorship business into a Company or LLP are cumbersome, expensive and time-consuming. Therefore, it is wise for many entrepreneurs to consider and start a LLP or Company instead of a Proprietorship.