• CCI AD FROM 5th April 2021

CBIC extends the exemption from Integrated Tax and Compensation Cess upto 31.03.2022 on goods imported against AA/EPCG authorizations

Circular No. ES/4/2021-22                                                                   1st April, 2021  

                                                                                                    

To: Members of the Council  


Sub:  CBIC extends the exemption from Integrated Tax and Compensation Cess upto 31.03.2022 on goods imported against AA/EPCG authorizations 

  

Dear Member,  

  

Vide Notification No. 23/2021- Customs dated 31st March, 2021, CBIC has extended the exemption from Integrated Tax and Compensation Cess on goods imported against Advance Authorisation / Export Promotion Capital Goods (AA/EPCG) authorizations upto 31st March, 2022 

 

S. No. 

Notification number and date 

Amendments 

16/2015-Customs, dated 1st April 2015 (Regarding implementation of EPCG Scheme under FTP 2015-2020) 

In the said notification, in the opening paragraph, in the proviso to clause (iii), for the figures, letters and word “31st March, 2021”, the figures, letters and word “31st March, 2022” shall be substituted. 

18/2015-Customs, dated 1st April 2015 (Regarding implementation of Advance Authorisation Scheme under FTP 2015-2020) 

In the said notification, in the opening paragraph, in condition (xiii), for the figures, letters and word “31st March, 2021”, the figures, letters and word “31st March, 2022” shall be substituted. 

20/2015-Customs, dated 1st April, 2015 (Regarding implementation of Advance Authorisation Scheme for annual requirement under FTP 2015-2020) 

In the said notification, in the opening paragraph, in condition (xiv), for the figures, letters and word “31st March, 2021”, the figures, letters and word “31st March, 2022” shall be substituted. 

22/2015-Customs, dated 1st April, 2015 (Regarding implementation of Advance Authorisation Scheme for export of prohibited goods under FTP 2015-2020) 

In the said notification, in the opening paragraph, in condition (xiii), for the figures, letters and word “31st March, 2021”, the figures, letters and word “31st March, 2022” shall be substituted. 

45/2016-Customs, dated 13th August 2016 (Exemption for import of fabrics under Special Advance Authorization Scheme under para 4.04A of FTP 2015-20 for manufacture and export of garments) 

In the said notification, in the opening paragraph, in condition (xii), for the figures, letters and word “31st March, 2021”, the figures, letters and word “31st March, 2022” shall be substituted. 

 

Members may kindly make a note of the above.  

  

Thanking you,    

  

Yours faithfully,  

  

S. BALARAJU 
EXECUTIVE DIRECTOR