GST RFD-11

                                                                 

 

FORM GST RFD-11

                    Furnishing of bond or letter of Undertaking for exports of goods or services

1.GSTIN
2.Name
3.Indicate the type of documents furnished		Bond	Letter of Undertaking
4.Details of bond furnished :
Sr. No	Reference No. Of Bank Guarantee	Date	Amount	Name of Bank and Branch
1	2	3	4	5

Note-Hard copy of the bank guarantee and bond shall be furnished to the jurisdictional officer.

 

5. Declaration –

(i)          The above mention bank guarantee is submitted to secure the integrated tax payable on export of goods or services.

(ii)         I undertake renew the bank guarantee well before its expiry. In case I/We fail to do so the department will be at liberty to get the payment from the bank against the bank guarantee.

(iii)        The department will be at liberty to invoke the bank guarantee provided by us to cover the amount integrated tax payable in respect of export of goods or services.

 

Signature of Authorized Signatory

 

 

Name

Designation:

Date:

 

Bond for export of goods or services without payment of integrated tax

(See rule 96)

I/We, _________________of_______________ hereinafter called "obligor(s)", am/are held and firmly bound to the president on India (hereinafter called "the president") in the sum of…………………………..rupees to be paid to the president for which payment will and truly to be made.

I/We jointly and severally bind myself/ourselves and my/our respective heirs/ executors/ administrators/ legal representatives/successors and assigns by these presents; dated this ___ day of __________;

WHEREAS the above bounden obligor has been permitted from time to time to supply goods or services for export out of India without payment of integrated tax;

And whereas the obligor desires to export goods or services in accordance with the provisions of clause (a) of sub-section (3) of section 16;

 

AND WHEREAS the Commissioner has required the obligor to furnish bank guarantee for an amount of………………………………………….rupees endorsed in favour of the president and whereas the obligor has furnished such guarantee by depositing with the commissioner the bank guarantee as afore mentioned;

 

The condition of this bond is that the obligor and his representatives observe all the provisions of the Act in respect of export of goods or services, and rules made thereunder;

 

And if the relevant and specified goods or services are duly exported;

AND if all dues of integrated tax all other lawful charges, are duly paid to the government along with interest, if any, within fifteen days of the date of demand thereof being made in writing by the said officer, this obligation shall be void;

 

OTHERWISE and on breach or failure in the performance of any of this condition, the same shall be in full force and virtue:

 

AND the president shall, at his option, be competent to make good all the loss and damages, from the amount of bank guarantee or by endorsing his rights under the above written bond or both;

 

I/We further declare that this bond is given under the orders of the government for the performance of an act in which the public are interested;

 

IN THE WITNESS THEREOF these presents have been signed the day hereinbefore written by the obligor(s).

 

Signature(s) of obligor(s).

Date:

Place:

 

Witnesses

 

S No	Name	Address	Occupation	Signature

 

Date:

Place:

 

 

                 Accepted by me this.................... Day of..................... (Month).................. (Year)

                                                                                    

 

 

(Designation)

                                  For and on behalf of the President of India.".

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Letter of Undertaking for export of goods or services without payment of integrated tax

(See rule 96)

To

 

The President of India (hereinafter called the "President"), acting through the proper officer

I/We ______________________, Director of _______________________________ (address of registered person) having goods & services tax identification number _________________, hereinafter called "the undertaker(s) including my/our respective heirs, executors/ administrators, legal representatives/successors and assigns by these presents, hereby jointly and severally undertake on this ___ day of _______ to the president

 

a)   To export the goods or services supplied without payment of integrated tax within time specified in sub-rule(9) of rule 96;

 

b)   To observes all the provisions of the goods and services tax act and rules made thereunder, in respect of export of goods or services;

 

c)   Pay the integrated tax, thereon in the event of failure to export the goods or services, along with an amount equal to eighteen percent interest per annum on the amount of tax not paid, from the date of invoice till the date payment,

 

I/We declare that this undertaking is given under the orders of the proper officer for the performance of enacts in which the public are interested.

 

IN THE WIRNESS THEREOF these presents have been signed the day hereinbefore written by the undertaker(s)

 

 

Signature(s) of undertaker(s).

 

Date: 18-07-2017

Place: HYDERABAD

 

 

Witnesses

S No	Name	Address	Occupation	Signature

 

 

Date:

Place:

 

Accepted by me this.................... Day of..................... (Month).................. (Year)

 

 

 

………………………………………of

……………………………..… (Designation)

For and on behalf of the President of India

--

With Regards,
Kondapaneni Mallikarjuna

Eswaraiah & Co

Chartered Accountants