NOTIFICATION No. 54-2015

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

GOVERNMENT OF INDIA

Ministry of Commerce & Industry

Department of Commerce

Directorate General of Foreign Trade

NOTIFICATION No. 54-2015 - 2020

Date : March 22, 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)
Director General of Foreign Trade

(Issued from File No. 01/94/180/373/AM18/PC-4))