Deemed exports designation clarifies specific supplies treated as such under Maharashtra GST, enabling related tax treatment. Notification under section 147 of the Maharashtra GST Act notifies certain supplies as deemed exports: supplies against Advance Authorisation; capital goods against Export Promotion Capital Goods Authorisation; supplies to Export Oriented Units; and supply of gold by banks or specified public sector undertakings against Advance Authorisation. It defines Advance Authorisation, Export Promotion Capital Goods Authorisation, and Export Oriented Unit in terms of the Foreign Trade Policy and states the notification's effective commencement.
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.
Deemed exports designation clarifies specific supplies treated as such under Maharashtra GST, enabling related tax treatment.
Notification under section 147 of the Maharashtra GST Act notifies certain supplies as deemed exports: supplies against Advance Authorisation; capital goods against Export Promotion Capital Goods Authorisation; supplies to Export Oriented Units; and supply of gold by banks or specified public sector undertakings against Advance Authorisation. It defines Advance Authorisation, Export Promotion Capital Goods Authorisation, and Export Oriented Unit in terms of the Foreign Trade Policy and states the notification's effective commencement.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
