Exemption to integrated tax on supply of gold, silver or platinum by nominated agencies to registered persons.

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....er 71] of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when supplied by Nominated Agency under the scheme for "Export Against Supply by Nominated Agency" as referred to in  5[paragraph 4.40] of the Foreign Trade Policy, read with relevant provisions of Chapter 4 of Handbook of Procedures, to a registered person (herein referred to as "recipient"), from the whole of the integrated tax leviable thereon, under section 5 of the Integrated Goods and Services Tax Act, 2017, subject to following conditions, namely:- (i) the Nominated Agency and the recipient shall follow the conditions and observe the procedures as specified in the Foreign Trade Policy read with Handbook of Procedures; (ii) the recipient shall export the....

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....ominated Agency" means entities mentioned in Lists 13, 14 and 15 appended to Table I of notification No. 45/2025-Customs, dated the 24th October, 2025 published in the Gazette of India, Extraordinary, Part II, Section 3 Sub-section (i);] 4[(d) "Chapter" means heading as specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975).] 2. This notification shall come into force on the 1st January, 2019. [F. No.354/432/2018 -TRU] (Gunjan Kumar Verma) Under Secretary to the Government of India     ************** NOTES:- 1. Corrected vide Corrigendum dated 31-01-2019 before it was read as, "32" 2. Substituted vide Notification No. 17/2019-Integrated Tax (Rate) dated 30-09-2019 w.e.f. 01-10-2019 before it was ....