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of <h1>Clarification on Notification 45/2017: No IGST on Re-Import of Exhibition and Consignment Goods Under CGST & IGST Acts.</h1> The circular clarifies the applicability of Notification No. 45/2017-Customs on the re-import of goods initially exported for exhibitions or on consignment. It states that such exports do not constitute a supply under the CGST Act, as no consideration is involved, and thus cannot be considered zero-rated supplies under the IGST Act. Consequently, the requirement to pay integrated tax on re-import does not apply. Re-imported goods fall under the residuary entry at Serial No. 5 of the notification if returned within six months. This clarification applies to all pending cases with similar circumstances.
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