Circular No. ES/225/2018-19 September 25, 2018
To: Members of the Council
Sub: CBIC extends the date of exemption from Integrated Tax and Compensation Cess upto 31.03.2019 on goods imported by EOU
The Council would like to inform you that CBIC has issued Notification No. 65/2018- Customs dated 24th September, 2018 till 31st March, 2019 extending the date of exemption of Integrated Tax and Compensation Cess upto 31.03.2019 on goods imported by Export Oriented Units (EOUs).
In this connection, the Council had earlier issued Circular No.ES/339/2017-18 dated 26th March, 2018 wherein CBIC had issued Notification No. 33/2018-Customs dated March 23, 2018 exempting IGST and Compensation Cess to EOUs on imports till 1st October, 2018 from the earlier date of 1st April, 2018.
Members may kindly make a note of the above.