Exemption for intra State gold supply by nominated agencies to exporters subject to export proof and procedural compliance. Exempts intra State supply of gold under heading 7108 by a Nominated Agency to a registered recipient under the Export Against Supply scheme from State GST, provided the parties comply with the Foreign Trade Policy and Handbook of Procedures; the recipient must export jewellery made from such gold within ninety days and supply export documentation showing GSTIN within 120 days, failing which the Nominated Agency must pay the State Tax on unexported gold with interest from the date tax would have been payable.
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Provisions expressly mentioned in the judgment/order text.
Exemption for intra State gold supply by nominated agencies to exporters subject to export proof and procedural compliance.
Exempts intra State supply of gold under heading 7108 by a Nominated Agency to a registered recipient under the Export Against Supply scheme from State GST, provided the parties comply with the Foreign Trade Policy and Handbook of Procedures; the recipient must export jewellery made from such gold within ninety days and supply export documentation showing GSTIN within 120 days, failing which the Nominated Agency must pay the State Tax on unexported gold with interest from the date tax would have been payable.
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