Govt. of Nagaland amended an older notification related to exemption from central tax on the supply of gold

Dec 20, 2023 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Government of Nagaland on November 30, 2023, amended an older notification No. F.NO.FIN/REV-3/GST/1/08(Pt-1) (Vol.1)/04 dated December 31, 2018, related to exemption from central tax on supply of gold.

The following has been stated: -

•In the said notification, -

(A) in the opening paragraph, for the phrase "paragraph 4.41", the phrase "paragraph 4.40", shall be substituted:

(i) For clause (a), the following clause shall be substituted, namely: -

"(a) "Foreign Trade Policy" means the Foreign Trade Policy, 2023, notified by

the Government of India in the Ministry of Commerce and Industry vide notification No. 1/2023 dated March 31, 2023. published in the Gazette of India. Extraordinary, Part-II, Section 3. Sub-Section (ii) vide S.O. 1565 (E). dated March 31, 2023;"

(ii) for clause (b), the following clause shall be substituted, namely: -

"(b) "Handbook of Procedures" means the Handbook of Procedure, notified by

the Government of India in the Ministry of Commerce and Industry vide Public Notice No. 01/2023 dated April 01, 2023. Extraordinary. Part-1. Section 1 vide F.No. 01/75/171/00016/AM-23/FTP Cell dated April 01, 2023;" This notification shall come into force on July 27, 2023.

This notification shall be deemed to have come into force from July 27, 2023.

The detailed notification is given in the document attached below.

[Notification No. FIN/REV-3/GST/1/08(Pt-1) (Vol.II)]


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