Section 147 of CGST Act, 2017 – Deemed exports

The Central Goods and Services Tax Act, 2017

Chapter-XXI Miscellaneous

Section 147: Deemed exports.

147. The Government may, on the recommendations of the Council, notifyⁿ¹ certain supplies of goods as deemed exports, where goods supplied do not leave India, and payment for such supplies is received either in Indian rupees or in convertible foreign exchange, if such goods are manufactured in India.

References

Enforcement:

Enforced w.e.f. July 01, 2017 [Notification No. G.S.R. 658(E) dated 28.06.2017].

Notification:

n1. For notified the supplies of goods as deemed export, refer Notification No. 48/2017-Central Tax dated 18.10.2017.

Circulars:

c1. Procedure regarding procurement of supplies of goods from DTA by Export Oriented Unit (EOU) / Electronic Hardware Technology Park (EHTP) Unit / Software Technology Park (STP) Unit / Bio-Technology Parks (BTP) Unit under deemed export benefits, refer Circular No. 14/14/2017-GST dated 06.11.2017.