THE CENTRAL GOODS AND SERVICES TAX ACT, 2017
MISCELLANEOUS
Section 147:
Deemed Exports
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.