https://www.taxtmi.com/circulars?id=63288 Sending or taking goods out of India for exhibition or on consignment for export promotion is not a supply under section 7 and therefore not a zero rated supply under section 16. Such specified goods must be accompanied by a delivery challan and records maintained. The arrangement is sale on approval: supply arises on sale abroad or is deemed on expiry of the statutory period if not sold or returned. Tax invoices must be issued at sale or on the deeming date, and refund of input tax credit for zero rated supply is permissible only after invoices are issued and conditions are met. en-us Mon, 04 Nov 2019 00:00:00 +0530 Fri, 06 Dec 2019 18:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63288 Sending or taking goods out of India for exhibition or on consignment for export promotion is not a supply under section 7 and therefore not a zero rated supply under section 16. Such specified goods must be accompanied by a delivery challan and records maintained. The arrangement is sale on approval: supply arises on sale abroad or is deemed on expiry of the statutory period if not sold or returned. Tax invoices must be issued at sale or on the deeming date, and refund of input tax credit for zero rated supply is permissible only after invoices are issued and conditions are met. Circulars GST - States Mon, 04 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63288