{To be published in the Gazette of India Extraordinary Part-II, Section-3, Sub Section (ii)}
Government of India
Ministry of Commerce and Industry
Department of Commerce
Directorate General of Foreign Trade
Udyog Bhawan
*****
Notification No.54/2015-20
New Delhi, Dated 22–March 2018
Subject:- Amendments to Foreign Trade Policy 2015-2020 – Extension of Integrated and Goods and Service Tax (IGST) and Compensation Cess exemption under Advance Authorisation and EPCG scheme till 01.10.2018.
S.O(E): In exercise of powers conferred by Section 5 of FT(D&R) Act, 1992, read with Paragraph 1.02 of the Foreign Trade Policy, 2015-20, as amended from time to time, the Central Government hereby makes following amendments in Foreign Trade Policy 2015-20.
1. Exemption from Integrated Tax and Compensation Cess under Advance Authorization Scheme under Para 4.14 of FTP 2015-20 is extended upto 01.10.2018.
2. Exemption from Integrated Tax and Compensation Cess under EPCG Scheme under Para 5.01 (a) of FTP 2015-20 is extended upto 01.10.2018.
Effect of this Notification: Para 4.14 and Para 5.01 (a) of Foreign Trade Policy 2015-20 are amended as above.
(Alok Vardhan Chaturvedi)
Directorate General of Foreign Trade
(Issued from File No. 01/94/180/373/AM18/PC-4)