image rotation

DGFT extends the date of exemption of Integrated Goods and Service Tax (IGST) and Compensation Cess under Advance Authorisation, Export Promotion Capital Goods (EPCG) and Export Oriented Units (EOU) scheme upto 31.03.2019

Circular No. ES/227/2018-19                                                                     September 27, 2018 

To: Members of the Council

Sub: DGFT extends the date of exemption of Integrated Goods and Service Tax (IGST) and Compensation Cess under Advance Authorisation, Export Promotion Capital Goods (EPCG) and Export Oriented Units (EOU) scheme upto 31.03.2019

Dear Member,

The Council would like to inform you that O/o DGFT has issued Notification No. 35/2015-20 dated 26th September, 2018 extending the date of exemption of IGST and Compensation Cess under Advance Authorisation, EPCG and EOU scheme upto 31st March, 2019.

The Central Government makes following amendments in Foreign Trade Policy 2015-2020:-

  • Exemption from Integrated Tax and Compensation Cess under Advance Authorization under Paragraph 4.14 of FTP 2015-20 is extended upto 31st March, 2019.
  • Exemption from Integrated Tax and Compensation Cess under Export Promotion Capital Goods under Paragraph 5.01(a) of FTP 2015-20 is extended upto 31st March, 2019.
  • Exemption from Integrated Tax and Compensation Cess under Export Oriented Units Scheme under Paragraph 6.01(d)(ii) of FTP 2015-20 is extended upto 31st March, 2019.

Members may kindly make a note of the above amendments.

Thanking you,

Yours faithfully,

S.BALARAJU
EXECUTIVE DIRECTOR

Subscribe to SRTEPC mailing list

Exchange Rates