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CBIC extends the date of exemption from Integrated Tax and Compensation Cess upto 31.03.2019 on goods imported by EOU

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       

Dear Member,

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.

Thanking you,

Yours faithfully,

S.BALARAJU
EXECUTIVE DIRECTOR

 

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