Government of India Ministry of Finance (Department of Revenue )
[Central Board of Excise and Customs]
Notification No. 37 /2017 – Central Tax
New Delhi, the 4th October, 2017
G.S.R....(E).- In exercise of the powers conferred by section 54 of the Central Goods and Services Tax Act, 2017, and section 20 of the Integrated Goods and Services Tax Act, 2017, sub-rule (5) of rule 96A of the Central Goods and Services Tax Rules, 2017, and in supersession of notification No. 16/2017- Central Tax, dated the 7th July, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 848 (E), dated the 7th July, 2017 except as respects things done or omitted to be done before such supersession, the Central Board of Excise and Customs hereby specifies conditions and safeguards for furnishing a Letter of Undertaking in place of a Bond by a registered person who intends to supply goods or services for export without payment of integrated tax -
2. The provisions of this notification shall mutatis mutandis apply in respect of zero-rated supply of goods or services or both made by a registered person (including a Special Economic Zone developer or Special Economic Zone unit) to a Special Economic Zone developer or Special Economic Zone unit without payment of integrated tax.
[F. No. 349/74/2017-GST (Pt.) Vol.-II]
(Rohan) Under Secretary to the Government of India
Now a person registered under GST regardless of earlier stipulated turnover and other requirements can export goods or services or both out of India or to SEZ or to an EOU without payment of GST.
Exports can be made with help of LUT.
This is a big relief to GST tax payers as lot of funds were stuck in refund procedures and exports were hampered due to GST compliance and documentations.
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