When the manufactured goods are removed from the premises, for export, without payment of excise duty, a letter of undertaking has to be issued by the assessee in the format prescribed. Alternatively, a bond can be executed for the same purpose. The details of the LUT or the bond can be entered while configuring excise registration details.
To record export details
1. Click F12: Configure from the Excise registration details screen.
2. Enable the option Enable export details.
3. Press Ctrl+A to go to the Excise registration details screen.
4. Enable the option Allow export clearance.
5. Enable the option Set/alter export details. You can now enter the LUT details or the Bond details, as required.
6. Press Ctrl+A to save the details.