TMI BlogExemption to central tax on supply of gold, silver or platinum by nominated agencies to registered persons.X X X X Extracts X X X X X X X X Extracts X X X X ..... S.R. 1263 (E).- In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby exempts the intra-State supply of 2 [ gold, silver or platinum ] falling in 3 [ Chapter 71 ] of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... latinum ] within a period of 90 (ninety) days from the date of supply of 2 [ gold, silver or platinum ] to such recipient and shall provide copy of shipping bill or bill of export containing details of Goods and Services Tax Identification Number (GSTIN) alongwith 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... means the Handbook of Procedure, notified by the Government of India in the Ministry of Commerce and Industry vide Public Notice No. 01/2023 dated the 1st April, 2023, Extraordinary, Part-I, Section 1 vide F. No. 01/75/171/00016/AM-23/FTP Cell dated the 1 st April, 2023; ] (c) Nominated Agency means entities mentioned in List 1 [34] of Notification No. 50/2017-Customs, dated the 30th Ju ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... before it was read as heading 7108 4. Substituted vide Notification No. 17/2019-Central Tax (Rate) dated 30-09-2019 w.e.f. 01-10-2019 before it was read as (d) Heading means heading as specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975). 5. Substituted vide NOTIFICATION NO. 10/2023- Central Tax (Rate) dated 26-07-2023 w.e.f. 27-07-2023 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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