Deemed exports: supplies not leaving India may be notified as exports when paid in rupees or convertible foreign exchange. The Government may, on the Council's recommendation, notify supplies as deemed exports where goods manufactured in India do not leave India and payment is ... Summary
Deemed exports: supplies not leaving India may be notified as exports when paid in rupees or convertible foreign exchange.
The Government may, on the Council's recommendation, notify supplies as deemed exports where goods manufactured in India do not leave India and payment is received in Indian rupees or in convertible foreign exchange, thereby treating specified domestic supplies as export-equivalent for GST purposes.
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