Exemption for intra State gold supplied by nominated agencies for export, subject to compliance and tax recovery if export proof absent. Exemption from State tax for intra State supply of gold under heading 7108 by a Nominated Agency for the Export Against Supply scheme is granted subject to compliance with the Foreign Trade Policy and Handbook of Procedures; the recipient must export jewellery made from the supplied gold within the prescribed period and provide export documents including the shipping bill with GSTIN and invoice to the Nominated Agency within the prescribed timeframe, failing which the Nominated Agency must pay the State tax on unexported gold with interest.
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.
Exemption for intra State gold supplied by nominated agencies for export, subject to compliance and tax recovery if export proof absent.
Exemption from State tax for intra State supply of gold under heading 7108 by a Nominated Agency for the Export Against Supply scheme is granted subject to compliance with the Foreign Trade Policy and Handbook of Procedures; the recipient must export jewellery made from the supplied gold within the prescribed period and provide export documents including the shipping bill with GSTIN and invoice to the Nominated Agency within the prescribed timeframe, failing which the Nominated Agency must pay the State tax on unexported gold with interest.
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