UGF-5, Ocean Complex, Sector-18, Noida
In order to understand the concept of GST LUT filing, first, we need to understand the term “IGST – Integrated Goods and Services Taxes”. IGST, in simple terms, can be understood as one type of GST which is charged when there is movement of goods and services from one state to another. Centre would levy IGST which would include CGST and SGST based on all inter-state transactions of goods and services. GST LUT filing is also named as Export bond filing, which is a letter of undertaking where the exporter announces that he/she would accomplish all the requirements prescribed under GST while exporting without making IGST payment. As per new regime, all exports are imposed with IGST, which can later be reclaimed via a reimbursement against the payment of tax. LUT saves exporters the effort and time spent in chasing a refund and eradicates the blocking of capital by way of payment of taxes. LUT filing online is super-easy and quick.
In order to get LUT under GST, the GST holder must ensure that he/she has LUT cover letter which is a request for acceptance duly signed by an authorized signatory with all the required documents such as PAN card, KYC details, GST registration and Cancelled cheque. The LUT filing remains valid only till 1 year from the submission date
The LPP stands for Limited Liability Partnership it is a better version of a general partnership firm. It is governed by limited liability partnership act 2008.
Minimun 2 Partners are required to start a LPP. There are no limit on the mximum number of in a LPP.
Unilike a private ltd company no minimum capital required to start a LPP.
A legal proof of LPP is certificate incorporation as well as LPP agreement.
LPP agreement is similar to a partnership deed where all the rights, liabilities and share of profit and loss are mentioned/drafted.
Name allotment as desired by you is wholly a discretionary power of ROC. Normally ROC is allot your desired business name if it is unique and not resemblinding with any existing company/LPP.
Yes, DSC of an authorised director is required while in corporating an LPP.
Yes, Charted Help is an online platform serving all over india no matter wherever you are doing your business all you need is internet connection on your mobile or desktop and we are ready to get your done.
No, You don't need to be a physically present for the process.E-startupindia is an online catering platform all you need is internet connection in your phone/desktop and required document with and we can get the job done no matters even you are present at remotest location of the india.