Extension of IGST and Compensation cess exemption

Extension of IGST and Compensation cess exemption

S.O (E): In exercise of powers conferred by Section 5 of FT(D&R) act 1992, read with Paragraph 1.02 of the Foreign Trade Policy, 2015-20, as amended from time to time the Central Government hereby makes following amendments in Foreign Trade Policy 2015-20.

1. Exemption from Integrated Tax and compensation Cess under Advance Authorization under Para 14 of FTP 2015 -20 is extended upto 30.06.2022.

2. Exemption from Integrated Tax and Compensation Cess under EPCG scheme under Para 5.01 (a) of F"FP 2015-20 is extended upto 30.06.2022. 

3. Exemption from Integrated Tax and Compensation Cess under EOU scheme under Para01(d)(ii) of FTP 2015-20 is extended upto 30.06.2022.

Effect of this Notification : Para 4.14, Para 5.01(a) and Para 6.01(d)(ii) of FTP 2015-20 are amended as above.