Tax exemption for nominated-agency gold supplies to registered jewellery exporters subject to timely export and export-documentation conditions. Exempts intra-State supply of gold by a Nominated Agency to registered jewellery exporters under the Export Against Supply scheme from the whole of State Tax, subject to compliance with the Foreign Trade Policy and Handbook of Procedures; the recipient must export jewellery made from the gold within the prescribed period and provide export documentation showing GSTIN to the Nominated Agency within the prescribed time, 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.
Tax exemption for nominated-agency gold supplies to registered jewellery exporters subject to timely export and export-documentation conditions.
Exempts intra-State supply of gold by a Nominated Agency to registered jewellery exporters under the Export Against Supply scheme from the whole of State Tax, subject to compliance with the Foreign Trade Policy and Handbook of Procedures; the recipient must export jewellery made from the gold within the prescribed period and provide export documentation showing GSTIN to the Nominated Agency within the prescribed time, failing which the Nominated Agency must pay the State Tax on unexported gold with interest.
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