Setting Up Bond/Letter of Undertaking for GST Unit

A taxpayer must file a bond or letter of undertaking (LOU) for the zero rated export transactions without tax payment of goods or services. You use the Work With GST Bond/LOU Master program (P75I851) to enter and maintain the bond or Letter of Undertaking (LOU) details.

The system stores the GST bond or LOU information in the GST - Bond/LOU Master table (F75I851).