Bank Guarantee exemption allowed for GST-registered exporters meeting export performance or tax payment thresholds with EPC or CA certification. Revised norms permit GST-registered manufacturer-exporters and service providers who meet prescribed export-performance or GST-payment thresholds in the preceding year to claim exemption from furnishing Bank Guarantees under Advance Authorisation, DFIA and EPCG schemes. Certification by jurisdictional Central Excise is discontinued: members of an Export Promotion Council may submit a council-issued certificate of export performance or tax/GST payment, while non-members may furnish a certificate authenticated by a practicing Chartered Accountant registered with GST authorities, the CA including his GSTIN and registration details.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Bank Guarantee exemption allowed for GST-registered exporters meeting export performance or tax payment thresholds with EPC or CA certification.
Revised norms permit GST-registered manufacturer-exporters and service providers who meet prescribed export-performance or GST-payment thresholds in the preceding year to claim exemption from furnishing Bank Guarantees under Advance Authorisation, DFIA and EPCG schemes. Certification by jurisdictional Central Excise is discontinued: members of an Export Promotion Council may submit a council-issued certificate of export performance or tax/GST payment, while non-members may furnish a certificate authenticated by a practicing Chartered Accountant registered with GST authorities, the CA including his GSTIN and registration details.
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