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  • CCI AD FROM 5th April 2021

CBIC extends the exemption from Integrated Tax and Compensation Cess by three months (up to 30.06.2022) on goods imported against AA/EPCG authorizations

Circular No. ES/2/2022-23                                                                4th April, 2022      

  

To: Members of the Council          

      

Sub: CBIC extends the exemption from Integrated Tax and Compensation Cess by three months (up to 30.06.2022) on goods imported against AA/EPCG authorizations 

 

Dear Member,     

 

We would like to inform you that CBIC has issued Notification No. 19/2022-Customs dated 31st March, 2022 by making further amendments in the following notifications in order to extend the exemption from Integrated Tax and Compensation Cess by three months (up to 30th June, 2022) on goods imported against AA/EPCG authorizations:- 

  

S. No. 

Notification number and date 

Amendments 

1 

16/2015-Customs, dated 1st April, 2015 -   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, 2022”, the figures, letters and word “30th   June, 2022” shall be substituted.  

2 

18/2015-Customs, dated 1st April, 2015- Implementation   of Advance Authorization Scheme under FTP 2015-2020 

In the said notification, in the opening paragraph, in condition   (xiii), for the figures, letters and word “31st March, 2022”, the figures, letters and word “30th   June, 2022” shall be substituted.  

3 

20/2015-Customs, dated 1st April, 2015 - Implementation   of Advance Authorization Scheme under FTP 2015-2020 

In the said notification, in the opening paragraph, in condition   (xiv), for the figures, letters and word “31st March, 2022”, the figures, letters and word “30th   June, 2022” shall be substituted.  

4 

22/2015-Customs, dated 1st April, 2015 -Implementation   of Advance Authorization 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, 2022”, the figures, letters and word “30th   June, 2022” shall be substituted.  

5 

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, 2022”, the figures, letters and word “30th   June, 2022” shall be substituted.  

  

Members may kindly make a note of the above.  

     

Thanking you,                     

    

Yours faithfully,                      

    

S. BALARAJU              

EXECUTIVE DIRECTOR