Clarification regarding applicability of Notification No. 45/2017-Customs dated 30.06.2017 on goods which were exported earlier for exhibition purpose/consignment basis

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....al Board of Indirect Taxes & Customs) ***** Room No.227B, North Block, New Delhi. Dated the 24th July, 2019 To, All Principal Chief Commissioners/ Chief Commissioners of Customs/ Customs (Preventive.) All Principal Chief Commissioners/ Chief Commissioners of Customs & Central Tax All Principal Commissioners/ Commissioners of Customs/ Customs (Prev.) All Principal Commission....

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.... the CGST Act, 2017) out of India do not constitute supply within the scope of Section 7 of the CGST Act as there is no consideration at that point in time. Since such activity is not a supply, the same cannot be considered as 'Zero rated supply' as per the provisions contained in Section 16 of the IGST Act, 2017. Also that there is no requirement of filing any LUT/bond as required under section 1....

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....re appropriately under residuary entry at Sl. No. 5 of the said Notification even though those specified goods were exported under LUT, in view of the fact that the activity of sending / taking specified goods out of India is neither a supply nor a zero rated supply. 4. It is also clarified that, even in cases where exports have been made to related or distinct persons or to principals or agent....