alleryStart learning →Relevant date for goods exported by sea or air?
AShip or aircraft leaves India
BShipping bill is filed
CBill of lading is paid
DCargo is delivered abroad
Answer & Solution
Correct answer: A. Ship or aircraft leaves India
The Explanation to Section 54 fixes the relevant date as the date the ship or aircraft carrying the goods leaves India.
Keep practising Refunds
Browse all Refunds questions for CA Final, or explore more Indirecttaxlaws topics.
Related questions
A provisional zero-rated refund under 54(6) is followed by?Section 54(4) evidence must first establish what?Section 54(1) covers refund of tax and which other item?Cash ledger balance refund may be claimed through?Welfare Fund accounts form is prescribed after consulting?Consumer Welfare Fund sums are used under Section 58(1) for?What does Section 57(a) credit to the Welfare Fund?Which fund does Section 57 of the CGST Act constitute?