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Section 147 of CGST Act - Deemed exports

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Last Updated: 28-06-2017

147. Deemed exports.[1]

The Government may, on the recommendations of the Council, notify 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.

 

[1] This Section was made effective by N No. 09/2017-CT dt. 28-06-2017 wef 01-07-2017.