TMI BlogSeeks to exempt 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 ..... In exercise of the powers conferred by sub-section (1) of section 11 of the Telangana Goods and Services Tax Act, 2017 ( Telangana Act.No.23 of 2017), the State 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 gold falling in heading 7108 of the First Schedule to the Customs Tari ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to such recipient and shall provide copy of shipping bill or bill of export containing details of Goods and Services Tax Identification Number (GSTIN) 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 c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -2020, dated the 5th December 2017, published in the Gazette of India, Extraordinary, Part-I, Section 1, vide F. No. 01/94/180/333/AM 15/PC, dated the 5th December 2017; (c) Nominated Agency means entities mentioned in List 32 of Notification No. 50/2017-Customs, dated the 30th June 2017 published Gazette of India, Extraordinary, Part-II, Section 3 sub-section (i),vide, number G. S. R. 785 (E ..... X X X X Extracts X X X X X X X X Extracts X X X X
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