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NO GST ON SUPPLY OF GOLD BY NOMINATED AGENCIES TO REGISTERED PERSONS

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Full Text of the Document

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....f section 11 of the Madhya Pradesh Goods and Services Tax Act, 2017 (19 of 2017), the State Government, on being satisfied that it is necessary in the public interest to do so, on the recommendations of the Council hereby exempts the intra-State supply of gold falling in heading 7108 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when supplied by Nominated Agency under the sch....

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Full Text of the Document

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.... and shall provide copy of shipping bill or bill of export containing details of Goods and Services Tax Identification Number (GST1N) along with the invoice for exports to the Nominated Agency within a period of 120 (one hundred and twenty) days from the date of supply by the Nominated Agency (iii) wherever such proof of export is not produced within the period mentioned in clause (ii), the Nomi....