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of <h1>India Amends Customs Notification: No Gold/Silver Replenishment for Exporters Using Cenvat or Input Tax Credits.</h1> The Government of India has issued an amendment to Notification No. 57/2000-Customs, dated May 8, 2000, through Notification No. 78/2018-Customs, dated November 29, 2018. This amendment, under the authority of the Customs Act, 1962, introduces a new proviso specifying that exporters will not receive replenishment of gold or silver if they avail Cenvat credit on inputs under the Central Excise Act, 1944, input tax credit under the Central Goods and Services Tax Act, 2017, or a refund of input tax credit or integrated tax under Section 54 of the same act.
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