Govt. exempts tax on gold under scheme for “Export against supply by Nominated Agency”

CBIC exempts inter-state & intra-state supply of ‘gold’ falling under Heading 7108 of First Schedule to Customs Tariff Act, 1975 supplied by Nominated Agency under scheme for “Export against supply by Nominated Agency” from IGST & CGST & UTGST; Prescribes that exemption shall be available subject to following 3 conditions i.e. (i) Nominated agency and the recipient  should follow conditions and procedures specified in FTP r/w Handbook of Procedur...