Central Government exempts intra-state supply of gold under specific conditions.
Applies to gold falling under heading 7108 of the Customs Tariff Act, 1975.
Provided by Nominated Agency under "Export Against Supply by Nominated Agency" scheme.
Recipient must export jewelry made from supplied gold within 90 days.
Export proof required within 120 days to avoid tax liability.
Nominated Agency liable for unpaid tax if export proof not provided.
Notification effective from January 1, 2019, issued by Gunjan Kumar Verma, Under Secretary to the Government of India.