GST Portal New Functionality: Option to File LUT for FY 2025-26 now Available for Exporters

The GST portal has also rolled out a new functionality for exporters, allowing them to file Letter of Undertaking (LUT) for the fiscal year 2025-26. This move aims to ease the process for exporters who wish to claim exemptions from paying integrated tax on export supplies. The introduction of this feature is seen as a positive step toward simplifying export-related GST compliance and ensuring that exporters can continue to operate efficiently. The ability to file LUT directly on the GST portal represents a digital advancement aimed at improving ease of doing business for exporters in India.