CBIC extends the exemption from Integrated Tax and Compensation Cess upto 31.03.2021 on goods imported against AA/EPCG authorizations.

Circular No.ES/297/2019-20                                      31st  March, 2020

To: Members of the Council

 

Sub.: CBIC extends the exemption from Integrated Tax and Compensation Cess upto 31.03.2021 on goods imported against AA/EPCG authorizations.

Dear Member,

We would like to inform you that CBIC has issued Notification No.18/2020- Cus dated 30th March, 2020 extending the exemption from Integrated Tax and Compensation Cess upto 31st March, 2021 on goods imported against Advance Authorization (AA)/ Export Promotion Capital Goods (EPCG) authorizations.

 

Amendments have been made in the following notifications -

 

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, 2020”, the figures, letters and word “31st March, 2021” 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, 2020”, the figures, letters and word “31st March, 2021” 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, 2020”, the figures, letters and word “31st March, 2021” 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, 2020”, the figures, letters and word “31st March, 2021” 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, 2020”, the figures, letters and word “31st March, 2021” shall be substituted. 

Members may kindly make a note of the above. 

Thanking you,

 

Yours faithfully,

  

S. BALARAJU

EXECUTIVE DIRECTOR

 

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